Hyundai purchases Boston Dynamics, maker of Spot dog robot, for $921M - Roadshow 📦

47    10 Dec 2020 19:07 by u/movie

Fixed link for PC viewing: https://www.cnet.com/roadshow/news/hyundai-purchases-boston-dynamics-for-921m-makers-of-spot-dog-robot/

12 comments

10 u/_Ruq_ 10 Dec 2020 19:22
Whoa. That′s probably a big deal!
8 u/SilverLiningSurfer 10 Dec 2020 19:26
What the fuck? This feels like huge news. I'm sure there are more robotics/AI companies doing similar work and making similar progress, but Boston Dynamics is for sure the most notable.
7 u/BV141 11 Dec 2020 00:23
Not that South Korea is an adversary but it seems like a huge mistake to allow companies with strategic technology/manufacturing capability to be sold to foreign companies.
6 u/Sheeplebane 10 Dec 2020 19:42
Can we please not let these things do a hostile robot takeover ...please?
3 u/kek 10 Dec 2020 21:53
Rumor was true
1 u/CaptianObvious 10 Dec 2020 22:53
That price seems awful cheap actually.
-11 u/_Account_wgp 10 Dec 2020 19:09
Who let the chinks in? WHo WHo WHo Who let them purchase this? Who Who Who?
15 u/NitroglycerinLtd 10 Dec 2020 19:17
Hyundai are South Korean, not Chinese, you bloody idiot.
5 u/lenn_king 10 Dec 2020 20:08
It was Softbank (japs) who bought them first, and they then sold them to Korean Hyundai
3 u/NitroglycerinLtd 10 Dec 2020 20:38
And Softbank are also letting go of ARM, because nVidia is buying ARM. Honestly, I don't know what Softbank are thinking.
1 u/PZORN 10 Dec 2020 23:13
I don't know what the British government was doing letting a foreign corporation buy practically the only serious tech company left in Europe, let alone the UK. And even worse with Nvidia, since Softbank lacked the competence to deconstruct ARM and transfer the jobs to Asia whereas I have almost zero doubt Nvidia is going to offer to double all the salaries of the UK staff, get them green cards and ship the entire company to the US.
1 u/NitroglycerinLtd 10 Dec 2020 23:36
What are the alternatives? Arbitrarily prohibit the sale of its stocks, or just have the government buy Acorn and run it with the kind of innovation and efficiency we expect from civil servants?