Softbank acquires Google’s robot-maker Boston Dynamics

Google’s robot-maker Boston Dynamics has been acquired by Japan’s Softbank in a move which has seen the firms shares surge to its highest in nearly two decades.

Boston Dynamics, known for its robots such as Atlas and BigDog, has struggled to commercialise its inventions and was put up for sale more than a year ago.

Softbank also announced it is buying robotics group Schaft.

Read also: 20 Uber employees fired over sexual harassment investigation, report says

The terms of the deals were not disclosed, as Softbank shares rose by more than 7% in Tokyo.

Softbank began as a Japanese telecoms company but moved into robotics and developed the human-like Pepper in 2014.

 

 

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