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.
South Korea's largest automaker announced Friday that Hyundai Motor Group will acquire an 80% stake in Boston Dynamics from SoftBank for $1.1 billion. The Japanese company currently owns a 100% stake in the company and will retain the remaining 20%.
