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Dec 9, 2020

Hyundai to acquire Boston Dynamics for nearly $1B

Posted by in categories: economics, robotics/AI

Boston Dynamics Atlas robot.

Hyundai Motor will acquire Boston Dynamics. The acquisition will be finalized at Hyundai’s December 10 board meeting. News about the deal was first reported by The Korea Economic Daily, which said the deal is for $921 million (1 trillion won). The Robot Report has also confirmed the news with a source familiar with the deal. The source said the acquisition is for about $1 billion.

The Robot Report has reached out to Boston Dynamics but has yet to hear back. We will provide updates as more information becomes available.

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