17Dec
Hyundai Buys Majority of Boston Dynamics from SoftBank in $1.1B deal
Hyundai is reportedly in the process of purchasing a large controlling interest in robot innovator Boston Dynamics from SoftBank in a deal valued at $1.1 billion. The transaction, under which Hyundai will reportedly obtain an 80% stake with SoftBank retaining around 20% through an affiliate, is expected to close by June of 2021, subject to regulatory approvals and other conditions......
By:
Rothwell, Figg, Ernst & Manbeck, P.C.
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