Hyundai to Buy Controlling Stake in US Robot-Maker Boston Dynamics From SoftBank in $1.1 Billion Deal

Hyundai has said that it will buy a controlling stake in Boston Dynamics from SoftBank in a deal that values the US-based robot maker at $1.1 billion (roughly Rs. 8,111 crores). Boston Dynamics, that spun out of Massachusetts Institute of Technology in 1992, was bought by Google in 2013 and sold to SoftBank in 2017.

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