Who Owns Boston Dynamics (Aug) Know Company Facts Here! >> If you are looking for the owner of the company and the other essential details then read this article till the end.
Have you ever heard about Boston Dynamics? It is an American company for robotics and engineering, but recently the owner of this company has changed. Boston Dynamics is now owned by the very popular company renowned in countries like the United States, Australia, United Kingdom, and Canada.
Keep reading the article to know what caused a big company like Boston Dynamics to change its owner and currently Who Owns Boston Dynamics.
About Boston Dynamics
Boston Dynamics is an American company which deals with robotics and engineering design. It was founded in the year 1992. It was a spin-off from the Massachusetts Institute of Technology. Boston has been very famous for its dynamic, highly mobile robots, i.e., BigDog, spot Handle.
Marc Raibert founded this company; earlier, Boston Company worked with the American Systems Corporation. Later on, they started making physical robots for the U.S military.
In the year 2013, Google X took ownership of Boston Dynamics. Later on, the owner of Boston Dynamics has changed again. So Who Owns Boston Dynamics now?
About Hyundai Motor group
Hyundai Motor Group is a South Korean Company; Hyundai is the largest car manufacturer in South Korea. In 2017 it was the world’s third-largest vehicle manufacturer. The growth of Hyundai is very rapid; they sold 8.01 million vehicles in 2015. But in recent years the sales have been decreased, 7.25 million in 2017.
Hyundai was made by purchasing 51% Kia; in the current context, Hyundai owns 33.88% of Kia. Other members of Hyundai Motor Group are Hyundai Motor Company, Ioniq, and Hyundai Steel, Genesis Motor, etc.
Who Owns Boston Dynamics
The owner of Boston Dynamics has changed many times, and currently, it again has a new owner, and it is none other than Hyundai Motor Group. Hyundai Motor Group is the current owner of Boston Dynamics.
They own the company since December 2020. Hyundai Motor Group owns 80% of Boston Dynamics stake. Boston Dynamics was sold to Japan’s SoftBank Group in 2017; this makes Hyundai Motor Group the third owner of Boston Dynamics. Hopefully, Boston Company will be stable this time because Hyundai Motor Group is famous for its vehicles.
Now we finally know Who Owns Boston Dynamics. Hyundai has spent a large sum on Boston Dynamics; this is a major step for Hyundai to provide a Smart Mobility Solution. It seems that Boston Dynamics will help Hyundai develop autonomous driving technology.
Conclusion
Hyundai Motor Group, the famous car company, owns Boston Dynamics since 2020, making Hyundai Motor Group the third owner of Boston Dynamics. Now that Boston Dynamics is officially a part of Hyundai Motor Group, the collaboration of these two groups will be excellent as they both are very good in their respective fields.
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