Hyundai Motor Group chairman, items to purchase Boston Dynamics from SoftBank for as much as $828 million: supply

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© Reuters. FILE PHOTO: The emblem of SoftBank Group Corp is displayed at SoftBank World 2017 convention in Tokyo

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SEOUL (Reuters) – Hyundai Motor Group items and its chairman have agreed to purchase an 80% stake in robotic maker Boston Dynamics from SoftBank Group Corp for round 800 billion gained to 900 billion gained ($736 million-$828 million), one particular person acquainted with the matter instructed Reuters on Friday.

Chairman Euisun Chung will personal a 20% stake in Boston Dynamics, whereas Hyundai Motor and its associates, Hyundai Mobis and Hyundai Glovis, will maintain a mixed 60% stake, two folks mentioned.

Each Hyundai Motor and SoftBank declined to remark.

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