# SoftBank Group x Boston Dynamics investment: partnership

Canonical ID: `40c53190-2f2e-4654-b432-fa150bfacfc5`

SoftBank Group acquired Boston Dynamics from Google/Alphabet in 2017, bringing the advanced robotics company under its portfolio. In June 2021, SoftBank sold an 80% controlling stake to Hyundai Motor Group for 1.1B USD valuation, retaining 20%.

- **Type:** investment
- **Status:** concluded
- **Verification posture:** verified

## Parties (2)

- [SoftBank Group](https://registry.deploy.report/companies/softbank-group.md) investor partner
- [Boston Dynamics](https://registry.deploy.report/companies/boston-dynamics.md) technology provider

## Timeline

- **Announced:** 2017-06-21
- **Start:** 2017-06-01

## Sources (1)

1. https://www.hyundainews.com/releases/3219


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