Hyundai Motor Group to Acquire Remaining SoftBank Stake in Boston Dynamics for $325 Million
2026-06-19 17:33

Woofun AI reports that Hyundai Motor Group intends to purchase SoftBank Group's remaining 9.65% equity interest in Boston Dynamics for $325 million. This transaction will transform the American robotics entity into a wholly-owned subsidiary of the South Korean automotive conglomerate. The acquisition follows SoftBank's notification to Hyundai regarding its intention to exercise a 'put option' established during the initial divestment of its Boston Dynamics holdings. Hyundai is scheduled to convene a board meeting on June 22 to formally ratify the deal.

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Boston Dynamics
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