Home » Business » Hyundai buys robotics company Boston Dynamics for $ 1.1 billion

Hyundai buys robotics company Boston Dynamics for $ 1.1 billion

The four-legged robot “Spot” from Boston Dynamics has made headlines over and over again in recent years with its graceful gait and dog-like shape. The majority of the robotics company is now owned by the South Korean conglomerate Hyundai Motor Group. As the group confirmed, Hyundai bought 80 percent of the US company for 1.1 billion US dollars. The Japanese parent company Softbank remains 20 percent.

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