Hyundai Takes Full Control of Boston Dynamics As SoftBank Exits For $325 Million (opens in new tab)

Hyundai Motor Group is acquiring SoftBank's remaining 9.65% stake in Boston Dynamics for $325 million, "closing out SoftBank's last piece of Boston Dynamics and turning the Waltham, Massachusetts robotics company into a wholly owned Hyundai business," reports Startup Fortune. From the report: The price is $325 million for the remaining stake, according to the deal terms, and it follows the put option SoftBank retained when Hyundai bought control of Boston Dynamics in 2021. You should read tha...