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Japanese company SoftBank acquires Boston Dynamics from Alphabet Inc

Group Corp. (“SoftBank”) from Tokyo , a Japanese telecommunications company, announced  that one of its subsidiaries made agreement to acquire robotics pioneer Boston Dynamics from Alphabet Inc. At least for the instant, the terms of the transaction were not disclosed.

 

“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,” Masayoshi Son, Chairman & CEO of SoftBank explained the decision.

The Boston Dynamics’ team declared they are happy to be a “part of SoftBank’s bold vision and its position creating the next technology revolution.” SoftBank has also agreed to acquire Japanese bipedal robotics company Schaft, which was founded in 2012  at the University of Tokyo. Boston Dynamics developed many robots with potential military applications. Some of them have a high cost of developing. Also their aspect looks like in a Scie-Fi movie. One of their legendary creations was  the  “BigDog,” a quadruped robot designed for the U.S. military As an investor in robots development, Softbank may think this will be a real help for the Japanese society knowing that more than 26 percent of Japan’s population is over the age of 60. Boston Dynamics explains its goal as “changing your idea of what robots can do.”

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