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                                    Does this mean that softbank group owns boston dynamics?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        8/26/2024 12:45am
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">Yes, that's correct. SoftBank Group Corporation is the current owner of Boston Dynamics, having acquired the company in 2017 from Google. SoftBank's ownership is evidenced by the fact that it retained a 20% stake in Boston Dynamics after Hyundai Motor Group's acquisition of an 80% controlling interest in 2021.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div 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0,agentId:a,param:{trace_id:r,question:d,user_id:j,user_name:a,input_type:K,session_id:s,source:h}}],userId:j,userName:a,startTime:L,mobileType:a,comeFrom:a,textConstants:{},dialogContainer:e,endSignal:c,theme:"white",showTracePopup:c,traceListData:[],chatTraceTargetIndex:A,traceTableData:e,showMask:c}},serverRendered:b,routePath:"\u002Faime\u002Fshare\u002Fdoes-this-mean-that-softbank-group-owns-boston-dynamics-c3550d\u002F",config:{_app:{basePath:R,assetsPath:R,cdnURL:"\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Fiwc-aime-seo\u002F"}}}}("",true,false,"Does this mean that softbank group owns boston dynamics?",null,"other\u002FopenAnswer","rich_text","ths_wencai_international","Post-closing, the Group holds an 80 percent stake in Boston Dynamics and SoftBank, through one of its affiliates, retains the remaining 20 ...","1801943104","progress\u002Fsearching_for",1000,"searching_for","Hyundai Motor Group Acquires Boston Dynamics","https:\u002F\u002Fbostondynamics.com\u002Fnews\u002Fhyundai-motor-group-completes-acquisition-of-boston-dynamics-from-softbank\u002F","Hyundai Motor Group Completes Acquisition of Boston ...","https:\u002F\u002Fwww.prnewswire.com\u002Fnews-releases\u002Fhyundai-motor-group-completes-acquisition-of-boston-dynamics-from-softbank-301316206.html","20003020172464752279400000000332","e957f5e96f8b5ef46163f45ec14b499f",2001,".","What is the current ownership structure of Boston Dynamics?","llm_generated","How does the acquisition of Boston Dynamics by SoftBank Group align with its broader strategic goals?","What are the implications of SoftBank Group's ownership of Boston Dynamics on the robotics industry?","Yes, that's correct. SoftBank Group Corporation is the current owner of Boston Dynamics, having acquired the company in 2017 from Google. SoftBank's ownership is evidenced by the fact that it retained a 20% stake in Boston Dynamics after Hyundai Motor Group's acquisition of an 80% controlling interest in 2021.",0,"agent","search","Hyundai Motor Group acquires a controlling interest in Boston Dynamics from SoftBank, following regulatory approvals and other conditions The Group expects synergy between the companies to accelerate the development of cutting-edge robotics featuring advanced mobility, manipulation and vision capabilities With Boston Dynamics, the Group will create a robotics value chain, from robot component manufacturing to smart logistics solutions BOSTON\u002FSEOUL\u002FTOKYO, June 21, 2021 – Hyundai Motor Group (the Group), Boston Dynamics, Inc. and SoftBank Group Corp. (SoftBank), today announced the completion of the Group’s acquisition of a controlling interest in Boston Dynamics from SoftBank, following the receipt of regulatory approvals and other customary closing conditions. The deal valued the mobile robot firm at US$1.1 billion. Additional financial details were not disclosed. Post-closing, the Group holds an 80 percent stake in Boston Dynamics and SoftBank, through one of its affiliates, retains the remaining 20 percent stake. Boston Dynamics is the established leader in developing agile, mobile robots that have been successfully integrated into business operations of many of the world’s leading industrial firms. Advanced robotics offer opportunities for rapid growth with the potential to positively impact society by making work safer and more productive. By acquiring Boston Dynamics and securing a leading presence in the field of robotics, the Group takes another major step toward its strategic transformation into a Smart Mobility Solution Provider. To propel this transformation, the Group has invested substantially in the development of future technologies, including autonomous driving, artificial intelligence (AI), Urban Air Mobility (UAM), smart factories and robots. In the field of robotics, the Group aims to develop advanced technologies that enhance people’s lives and promote safety, thereby realizing progress for humanity. The deal is also expected to allow the Group and Boston Dynamics to leverage each other’s respective strengths in manufacturing, logistics, construction and automation. Together, the Group and Boston Dynamics will create a robotics value chain, from robot component manufacturing to smart logistics solutions. Additionally, the Group will support Boston Dynamics’ continued expansion of its product line and global sales and service footprint. Boston Dynamics launched sales of its first commercial robot, Spot® in June of 2020 and now has hundreds of robots operating in a variety of industries, including power utilities, construction, manufacturing, oil and gas, and mining. The company also recently unveiled Stretch™, its first commercial robot specifically designed for warehouse facilities and distribution centers. The Group today also released a new video to reveal how it would further advance mobility for humanity incorporating Boston Dynamics’ expertise. The video is available on Hyundai’s youtube channel. About Hyundai Motor Group Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT, and service. With about 250,000 employees worldwide, the Group’s mobility brands include Hyundai, Kia, and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all. More information about Hyundai Motor Group, please see: www.hyundaimotorgroup.com About Boston Dynamics Boston Dynamics is the global leader in developing and deploying highly mobile robots capable of tackling the toughest robotics challenges. Our robots are equipped with advanced mobility, dexterity and intelligence, enabling automation in unstructured or hard-to-traverse spaces, from industrial plants and construction sites, to distribution centers and warehouses. We have three robots in our portfolio – Spot®, Stretch™ and Atlas® – as well as Pick™, a computer vision-based robotics","2024-03-10",1,"BOSTON, SEOUL, South Korea and TOKYO, June 21, 2021 \u002FPRNewswire\u002F -- Hyundai Motor Group (the Group), Boston Dynamics, Inc. and SoftBank Group Corp. (SoftBank), today announced the completion of the Group's acquisition of a controlling interest in Boston Dynamics from SoftBank, following the receipt of regulatory approvals and other customary closing conditions. The deal valued the mobile robot firm at $1.1 billion. Additional financial details were not disclosed. Continue Reading Hyundai Motor Group (the Group), Boston Dynamics, Inc. and SoftBank Group Corp. (SoftBank), today announced the completion of the Group’s acquisition of a controlling interest in Boston Dynamics from SoftBank, following the receipt of regulatory approvals and other customary closing conditions. Post-closing, the Group holds an 80 percent stake in Boston Dynamics and SoftBank, through one of its affiliates, retains the remaining 20 percent stake. Boston Dynamics is the established leader in developing agile, mobile robots that have been successfully integrated into business operations of many of the world's leading industrial firms. Advanced robotics offer opportunities for rapid growth with the potential to positively impact society by making work safer and more productive. By acquiring Boston Dynamics and securing a leading presence in the field of robotics, the Group takes another major step toward its strategic transformation into a Smart Mobility Solution Provider. To propel this transformation, the Group has invested substantially in the development of future technologies, including autonomous driving, artificial intelligence (AI), Urban Air Mobility (UAM), smart factories and robots. In the field of robotics, the Group aims to develop advanced technologies that enhance people's lives and promote safety, thereby realizing the progress for humanity. The deal is also expected to allow the Group and Boston Dynamics to leverage each other's respective strengths in manufacturing, logistics, construction and automation. Together, the Group and Boston Dynamics will create a robotics value chain, from robot component manufacturing to smart logistics solutions. Additionally, the Group will support Boston Dynamics' continued expansion of its product line and global sales and service footprint. Boston Dynamics launched sales of its first commercial robot, Spot® in June of 2020 and now has hundreds of robots operating in a variety of industries, including power utilities, construction, manufacturing, oil and gas, and mining. The company also recently unveiled Stretch™, its first commercial robot specifically designed for warehouse facilities and distribution centers. The Group today also released a new video to reveal how it would further advance mobility for humanity incorporating Boston Dynamics' expertise. The video is available on Hyundai's youtube channel. SOURCE Hyundai Motor Group","2021-06-20",2,"NONE","typewrite",1724647522797,"review stocks","Yes, that's correct. SoftBank Group Corporation is the current owner of Boston Dynamics, having acquired the company in 2017 from Google. SoftBank's ownership is evidenced by the fact that it retained a 20% stake in Boston Dynamics after Hyundai Motor Group's acquisition of an 80% controlling interest in 2021[^1]",2000,"[^2]","choice","\u002F"));</script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/b929a16.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/28ccbec.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/d9802b5.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/2077034.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/1e0f8d6.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/7a5f495.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/921844b.js" defer=""></script>