The deal described below has been finalized, and Hyundai has completed its acquisition of Boston Dynamics. Hyundai owns 80 percent of the company, while a 20 percent stake is retained by "one of [the company's] affiliates. "

 

Hyundai Motor Company inked a $1.1 billion deal to acquire a controlling stake in Boston Dynamics, the robotics company you probably know as the maker of those unsettling four-legged robots that terrify and delight YouTube browsers. (And which you can buy for just shy of $75,000—or more for enterprise versions.) Those quadrupeds as a whole likely have little to do with Hyundai Motor's automotive aspirations, but you can bet the automaker is after the robots' software.


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