Home / Business and Economy / Hyundai to fully own Boston Dynamics
Hyundai to fully own Boston Dynamics
19 Jun
Summary
- Hyundai Motor Group to acquire SoftBank's remaining stake.
- The deal is valued at $325 million for the robotics firm.
- Boston Dynamics will become a wholly owned subsidiary.
Hyundai Motor Group is moving to fully acquire Boston Dynamics by purchasing SoftBank Group's remaining 9.65% stake for $325 million. The transaction is anticipated to be finalized after a board meeting on June 22, 2026, where Hyundai's board will review and approve the deal. This strategic move will establish Boston Dynamics as a wholly owned subsidiary under the Hyundai umbrella. SoftBank is reportedly exercising a put option to divest its final shareholding in the renowned robotics company. Prior to this transaction, Hyundai Motor Group, encompassing its various affiliates, already possessed a controlling interest exceeding 90% in Boston Dynamics, underscoring Hyundai's deep commitment to advancing robotics.
