Hyundai to buy SoftBank's remaining stake in Boston Dynamics for $325 million, newspaper says

Hyundai to buy SoftBank's remaining stake in Boston Dynamics for $325 million, newspaper says

SEOUL, June 19 : Hyundai Motor Group plans to buy SoftBank Group's remaining 9.65 per cent stake in Boston Dynamics for $325 million to make the U.S. robotics firm a wholly owned subsidiary, South Korea's Maeil Business Newspaper reported on Friday. Hyundai Motor is expected to convene a board meeting on June

Hyundai nears full control of Boston Dynamics in $325M SoftBank deal

Hyundai Motor Group is moving closer to full control of Boston Dynamics, with plans to buy SoftBank Group’s remaining 9.65% stake in the US robotics company for $325 million, according to South Korea’s Maeil Business Newspaper.Hyundai’s board is expected to meet on June 22 to approve the purchase, the report said, citing unnamed industry sources. If completed, the transaction would make Boston Dynamics a wholly owned Hyundai subsidiary and cap a…