Hyundai acquires controlling stake in Boston Dynamics for $880M

South Korean vehicle manufacturer Hyundai Motor Group has announced the acquisition of a controlling stake in the U.S robotics firm Boston Dynamics.

The deal was initiated last year in December, where the automaking firms will buy a share of $880 million. The deal will involve Hyundai and its affiliates, including Hyundai Motor Co., Hyundai Mobis Co., and Hyundai Glovis Co.

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I for one welcome our Transformer overlords!


Now that would be cool!

Did you see the flying car:


Hadn’t seen the latest, but have seen multiple such things over the years. Hope one finally catches on!