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Automobiles

Hyundai to acquire US robotics firm from SoftBank for $1.1bn

Automaker expects Boston Dynamics to help it pivot to smart mobility

Hyundai Motor's acquisition of Boston Dynamics advances its goal of making robotics and urban air mobility major parts of its business. (Source photos by Reuters) 

SEOUL -- Hyundai Motor will acquire a U.S. robotics company from Japanese tech group SoftBank in a deal that helps the South Korean carmaker move closer to its vision of becoming a broader smart mobility company.

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