Hyundai acquires SoftBank's remaining 9.65% stake in Boston Dynamics for $325M
Tags Robotics · Acquisition · Enterprise
Hyundai Motor Group is acquiring SoftBank's remaining 9.65% stake in Boston Dynamics for $325 million, completing its full ownership of the robotics company. Hyundai had been the majority owner since 2021. The transaction marks SoftBank's complete exit from Boston Dynamics, which it had acquired from Google in 2017. Hyundai has been integrating Boston Dynamics' robotics technology into its manufacturing and mobility operations, with the strategic importance of humanoid robots for industrial automation increasingly recognized across the industry.
Technical significance
Full Hyundai ownership signals a long-term industrial robotics play, integrating Boston Dynamics' humanoid and quadruped platforms into automotive manufacturing and logistics. SoftBank's complete exit after nearly a decade suggests the firm is reallocating capital away from hardware robotics toward AI software investments.