Hyundai acquires high-profile robotics firm Boston Dynamics

Hyundai has acquired a controlling stake in the high-profile robotics firm Boston Dynamics. It has previously been reported the South Korean car giant was preparing to buy into the tech company, however regulators have now officially sanctioned the deal. Financial details are thin on the ground for now, however Hyundai and former-owner SoftBank report the company was valued at US$1.1 billion (AU$1.5 billion).