Hyundai Motor completed the acquisition of an 80% stake in Boston Dynamics from SoftBank Group for $921m.

Hyundai Motor Group, an automobile manufacturer, completed the acquisition of an 80% stake in Boston Dynamics, a manufacturer of robots, from SoftBank Group, for $921m. "Boston Dynamics' commercial business has grown rapidly as we've brought to market the first robot that can automate repetitive and dangerous tasks in workplaces designed for human-level mobility. We and Hyundai share a view of the transformational power of mobility and look forward to working together to accelerate our plans to enable the world with cutting edge automation, and to continue to solve the world's hardest robotics challenges for our customers," Robert Playter, Boston Dynamics CEO.