Softbank Buying Google’s Robot Company

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Japanese telecom company Softbank (the 62nd largest public company in the world) is buying Boston Dynamics from Alphabet (Google’s parent company). Softbank also got Japanese bipedal robotics company Schaft as part of the deal.

Details of the deal weren’t published.

Google bought Boston Dynamics in 2013 but put it back up for sale again last year. There were questions about what Google could really make of the venture, and also there were questions about the effect giant metal dog-like robots, which might find applications in warlike settings, would have on the image of Google.

Japan is a country that has publicly made it known that they will not look to immigration to add labor to support their aging population of baby boomers. They will instead look to robots.