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Hyundai moves to take full ownership of Boston Dynamics
RoboResale
Hyundai Motor Group will buy SoftBank's remaining stake in the maker of Spot and Atlas, for about US$325 million.
Hyundai Motor Group said on 16 July that it plans to buy SoftBank's remaining stake in Boston Dynamics, which would make the robot maker wholly owned. Reports put the stake at just under 10% and the price at about US$325 million.
The sale follows SoftBank's decision to use an option in the deal through which Hyundai took control of Boston Dynamics.
Atlas heads for the factory
Hyundai plans to put the electric Atlas to work at its Georgia plant, HMG Metaplant America, from 2028, starting with sorting parts for the assembly line.
Full ownership gives Hyundai a free hand over Boston Dynamics' future, including a possible stock market listing, although analysts don't expect one soon.
