Hyundai
Sure enough, with the South Korea Economic DailyBroke the newsAlmost, Hyundai was officially officially not long agoAnnounce, Will acquire Boston Dynamics from SoftBank for USD 1.1 billion. The two parties currently expect that this transaction will be officially completed in June 2021, after which Hyundai will own 80% of BD shares, and the remaining 20% will be held by SoftBank through subsidiaries. In an official statement, Hyundai stated that the reason for acquiring BD is that it “has a number of key technologies needed to develop high-performance sensing, navigation, and smart robots.” In addition, BD has its own offices in Boston and Silicon Valley, which will be more conducive to recruiting talents and negotiating cooperation.
After the acquisition of Boston Dynamics, Hyundai’s future development of production and manufacturing robots is expected to receive some new assistance. Of course, if they can make good use of BD’s rich experience in canine and humanoid robots, they might be able to further expand their product range in the future.
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