Technology

Hyundai Motor buys US robotics firm from Softbank for M$880

Hyundai Motor buys US robotics firm from Softbank for M$880

Hyundai Motor Group said Monday its three affiliates and its chief have acquired a controlling stake in US-based robotics firm Boston Dynamics for US$880 million.
The investment is part of the South Korean automaking group‘s broader plans to strengthen its competitiveness in future mobility solutions. In December, the board of directors at the three affiliates -- Hyundai Motor Co., Hyundai Mobis Co. and Hyundai Glovis Co.

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