# Hyundai Motor Group acquires Boston Dynamics: acquisition

Canonical ID: `1798df2a-103d-4eeb-9ee4-33799c065461`

Hyundai Motor Group acquired a controlling ~80% stake in Boston Dynamics from SoftBank (~$1.1B valuation, 2021) - the current owner of Atlas/Spot/Stretch. An OWNERSHIP relationship (Arc D), distinct from any deployment partnership.

- **Structure:** majority stake
- **Status:** completed
- **Valuation:** $1.1B (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** Hyundai Motor Group _(off-registry)_
- **Acquired:** [Boston Dynamics](https://registry.deploy.report/companies/boston-dynamics.md)

## Timeline

- **Closed:** 2021-06-01

## Sources (1)

1. https://www.hyundai.com/


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