The Hyundai Motor Group acquired Boston Dynamics, which has a reputation for robot technology.
With the onset of a cold winter, COVID 19, which is becoming stronger in spreading again, is straining numerous car brands around the world.
However, if there are people who put a lot of effort to face the crisis, there are also those who seek new opportunities and take on new challenges in this situation. The main character is the Hyundai Motor Group of Korea, which is evaluated as the most’effective quarantine’ in the world.
Hyundai Motor Group recently announced that it will acquire Boston Dynamics, which is regarded as the’best robot technology’ company worldwide.
The acquisition of Boston Dynamics by Hyundai Motor Group is about KRW 1 trillion, and it is about an 80% stake acquisition, not all stocks and management rights of Boston Dynamics.
Hyundai Motor Group acquires Boston Dynamics
The existing owner of Boston Dynamics is Softbank, led by Chairman Son Jeong-eui, and through this acquisition negotiations, Softbank sold 80% of Boston Dynamics to Hyundai Motor Group.
Accordingly, the stake relationship of Boston Dynamics is 80% of Hyundai Motor Group (Chairman of Hyundai Motor Company, Hyundai Mobis, Hyundai Glovis, and Chairman Eui Sun Eui-sun participated), and SoftBank owns 20%, and the actual ownership and management authority is transferred to Hyundai Motor Group. do.
Through this acquisition, the Hyundai Motor Group is expected to acquire know-how on the latest robotics and automation technologies, as well as improving the effects of the’governance restructuring’ within the Hyundai Motor Group.
Meanwhile, through the acquisition of Boston Dynamics, Hyundai Motor Company continued to accelerate its technology in robotics and automation technologies such as the acquisition of real-time robotics and collaboration with Agility Robotics.
Reporter Haksoo Kim
You can also view the news Naver Et edited by the Hankook Ilbo.
