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Hyundai Motor Group will turn Boston Dynamics into a wholly owned subsidiary

2026-07-16 05:21:41

Mars Finance reported that on July 16, Hyundai Motor Group said it will acquire nearly 10% of Boston Dynamics held by SoftBank, turning it into a wholly owned subsidiary. The group said the move will help it deploy advanced robotics technology across its various businesses. Earlier media reports said the value of the deal is expected to be nearly 5000 billion won (about $335 million). (Caixin)

Hyundai Motor-2.07%

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