Hyundai Motor Group is set to acquire SoftBank Group Corp's remaining stake in Boston Dynamics, a move that will make the robotics firm a wholly owned subsidiary of the South Korean conglomerate.
Handelsavisen Monitor flagged the new relationship between the entities, signaling a definitive shift in ownership structure for the high-profile robotics company.
The transaction represents a significant portfolio adjustment for SoftBank, which has been actively reshaping its investment thesis around core technology and AI infrastructure.
By divesting its interest in Boston Dynamics, SoftBank is effectively closing a chapter on its robotics ventures, allowing it to focus capital on higher-growth segments within its Vision Fund and telecom operations.
For Hyundai, full ownership of Boston Dynamics accelerates the integration of advanced robotics into its automotive and logistics supply chains.
The company has previously highlighted the potential for Boston Dynamics' technology to enhance autonomous manufacturing and last-mile delivery solutions.