Google is draining its robotics businesses and selling it to a Japanese tech giant. Japan’s SoftBank announced it is purchasing Boston Dynamics, the robot maker from Alphabet, Googles Parent, saying this deal will assist in their aim to be in the forefront.
Boston Dynamics is making into the headlines repeatedly with its eye-catching robots, that can run, jump and climb stairs. It is described as “nightmare inducing”, by their CEO.
SoftBank’s billionaire CEO Masayoshi Son kept no secret of his enthusiasm for robots: he said openly that they will outnumber humans in 30 years. SoftBank is the company behind Pepper that is known as the world’s first robot that is capable of reading human emotions.
Under the deal on Friday, SoftBank will buy five-year old Japanese robotics firm Schaft from Alphabet. However, the amount it was paying for this business is not known.
The sale of Boston Dynamics marks by Alphabet a swift exit, which snapped up the company in a period of less than four years as part of a broader push into the robotics field. That approach saw in 2013 Google invest in another seven robotics firms including Schaft and it was led by Andy Rubin, the former leader and co-founder of the search giant’s Android mobile unit.
Rubin in 2014 left Google to launch an incubator for tech startups. Alphabet decided to sell Boston Dynamics as it was not going to produce a marketable product in the coming few years, reported Bloomberg. Besides, an Alphabet spokesman denied commenting on the reasons behind this sale.