SoftBank is already negotiating the sale of a robot manufacturer
SoftBank Group is in talks to sell its robot manufacturer Boston Dynamics. This was reported by Bloomberg News, citing people familiar with the issue. According to them, the buyer is Hyundai Motor.
Hyundai may become the new owner of Boston Dynamics
The terms of the deal have not yet been determined, but it is roughly estimated at $ 1 billion.
In 2013, the robot manufacturer was bought by Alphabet , which includes Internet giant Google, and in 2017, it was taken over by Japanese telecoms, marketing and finance conglomerate SoftBank.
Boston Dynamics and Hyundai did not respond to Reuters’ requests for comment. SoftBank declined to comment on the announcement of the talks.
