Wednesday, August 27, 2025

Hyundai Acquires 80% Of Boston Dynamics From Softbank

Hyundai Motor Group (KRX: 005380) today announced the completion of the company’s acquisition of an 80% stake in Boston Dynamics, Inc., from SoftBank Group Corp. Boston Dynamics is a mobile robot firm, with the price tag valuing the firm at approximately $1.1 billion.

By acquiring Boston Dynamics, Hyundai works to move a step closer to becoming a Smart Mobility Solution Provider. The acquisition is a major investment for Hyundai, with the move having the aim of assisting the company with advancing the development of future technologies including artificial intelligence, autonomous driving, urban air mobility, as well as smart factories and robots.

Both companies are expecting the acquisition to allow them to leverage each other’s abilities in manufacturing, construction, automation, and logistics. Together they intend to create a streamlined process that will accelerate manufacturing and processing times, allowing for increased production and profitability.

Softbank Group is to retain a 20% ownership stake in the Boston Dynamics following the close of the transaction.

Hyundai Motor Group last traded on the KRX at 233,000 KRW (US$205.77).


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

Nord Precious Metals Identifies 29 Veins At Castle East Following 3D Modeling

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

Related News

SoftBank-Backed Chip Designer Arm Files For $70-Billion IPO

Arm, a prominent chip designer under SoftBank’s ownership, has initiated the final countdown to its...

Tuesday, August 22, 2023, 09:53:00 AM

Kia, Hyundai Reveal They Aren’t in Discussions With Apple Over EV Production

Last week, Bloomberg suggested that Apple was in discussions with Kia and its affiliate, Hyundai,...

Monday, February 8, 2021, 04:06:00 PM

Hyundai to Invest $21 Billion in US Operations Through 2028

South Korean automaker Hyundai Motor Group announced on Monday a $21 billion investment plan for...

Tuesday, March 25, 2025, 10:40:00 AM

Hyundai Motor, Hyundai Electric Ink Deal To Develop Hydrogen Fuel Cell Package for Power Generation

Hyundai Motor Company (KRX: 005380) and Hyundai Electric & Energy Systems Co. (KRX: 267260) on...

Monday, August 2, 2021, 01:18:00 PM

The Tesla Bot, Explained

Last month, Elon Musk introduced a humanoid robot called the Tesla Bot on August 19...

Sunday, September 12, 2021, 09:00:00 AM