Hyundai completes USD 1.1 billion acquisition of Boston Dynamics
Hyundai Motor Group completed its acquisition of an 80% controlling stake in Boston Dynamics from SoftBank Group in a transaction valuing the company at USD 1.1 billion.
Evidence notes
- The transaction valued Boston Dynamics at USD 1.1 billion; that figure is a deal value, not a funding round or post-money valuation.
- SoftBank retained a 20% stake, while Boston Dynamics became part of Hyundai Motor Group following the closing.
Company context
Boston Dynamics builds high-performance mobile robots including Spot for industrial and field inspection, Stretch for warehouse trailer unloading, and Atlas for advanced humanoid mobility.