SoftBank will acquire Alphabet’s robotics company Boston Dynamics

Simplebotics

Boston Dynamics, the Alphabet robotics company behind humanoid Atlas and quadruped Spot, will be acquired by SoftBank. The Japanese telecoms company notes that the acquisition aligns with its investment in “paradigm-shifting” technologies and vision of “smart robotics.” The details of the transaction haven’t been disclosed.

“Today, there are many issues we still cannot solve by ourselves with human capabilities. Smart robotics are going to be a key driver of the next stage of the Information Revolution, and Marc and his team at Boston Dynamics are the clear technology leaders in advanced dynamic robots, explained Masayoshi Son,  CEO of SoftBank. “I am thrilled to welcome them to the SoftBank family and look forward to supporting them as they continue to advance the field of robotics and explore applications that can help make life easier, safer and more fulfilling.”

Marc Raibert, the founder and CEO of Boston Dynamics stated, “We at Boston Dynamics are excited to be part of SoftBank’s bold vision and its position creating the next technology revolution, and we share SoftBank’s belief that advances in technology should be for the benefit of humanity. We look forward to working with SoftBank in our mission to push the boundaries of what advanced robots can do and to create useful applications in a smarter and more connected world.”

In addition to Boston Dynamics, SoftBank will acquire Japanese robotics company Schaft. The company, founded in 2012, designs advanced bipedal robots.

The story is developing…

Source: BusinessWire

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