Google Puts Boston Dynamics Up for Sale in Robotics Retreat

Google Puts Boston Dynamics Up for Sale in Robotics Retreat

3/22/2016

link

https://www.bloomberg.com/news/articles/2016-03-17/google-is-said-to-put-boston-dynamics-robotics-unit-up-for-sale

summary

According to anonymous sources, Google is reportedly looking to sell Boston Dynamics, the robotics company it acquired in 2013. Boston Dynamics is known for their advanced and innovative robots such as the humanoid Atlas and the quadrupedal Spot. The article suggests that Google may be looking to sell the robotics company due to financial concerns and a misalignment of priorities. Google's parent company, Alphabet, has been reviewing its subsidiary companies for profitability, and Boston Dynamics' slow progress towards commercialization may be a factor in the decision. The potential sale indicates a shift in focus for Google's robotics efforts.

tags

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