Hyundai Group Acquires Boston Dynamics

Boston Dynamics, also known with various names of its robots such as Spot, Stretch, BigDog, and Atlas, is a company manufacturing versatile as well as unique robots that can form a plethora of tasks. Boston Dynamics is a product from MIT, and was created in 1992; from thereon, it functioned primarily on DARPA Research grants. Then, a change was seen in 2013, when Google acquired the company because of its interest in robotics and machine learning. Finally, however, Google sold off the company in the year 2017 to Softbank. According to a recent announcement by Hyundai Motor Group, Boston Dynamics has now been acquired by Hyundai, which would have a whopping 80% controlling stake in the company, and the remaining 20% would remain with Softbank the owner before this deal.