Thursday, 8 June 2017

Alphabet agrees to sell Boston Dynamics to SoftBank

Google-owner Alphabet Inc. has agreed to sell robotics company Boston Dynamics to Japanese telecommunications and technology company SoftBank. Terms of the deal remain undisclosed, but news of Alphabet’s intentions to sell Boston Dynamics first surfaced back in March 2016. That was roughly two years after Android co-founder Andy Rubin left Google after he spearheaded a series of prominent robotics acquisitions, most prominently Boston Dynamics, for the search giant. That division, known internally as Replicant, was disbanded after Rubin’s departure, leaving Boston Dynamics in an awkward position.

“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...

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from
https://www.theverge.com/2017/6/8/15766434/alphabet-google-boston-dynamics-softbank-sale-acquisition-robotics

from
http://ifeeltechinc.blogspot.com/2017/06/alphabet-agrees-to-sell-boston-dynamics.html

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