Bloomberg: Alphabet is putting Boston Dynamics up for sale
According to a Bloomberg report, Google's parent company Alphabet apparently has efforts underway to sell its famous robotics firm Boston Dynamics. The high-profile robotics company is the maker of the 'Atlas' humanoid robot. The company was acquired by Google in 2013.
Reporting Google's plans to put Boston Dynamics up for sale, the Bloomberg report has revealed that the potential acquirers of the robotics company include bigwig automaker Toyota and online retail giant Amazon.
Toyota's potential interest in purchasing Boston Dynamics could be rooted in the fact that the automaker already uses robots in its manufacturing plants, and the robotics industry is one of the key focus areas at Toyota's research institute.
Amazon, on the other hand, could be interested in acquiring Boston Dynamics because it has made heavy investments in robotics, acquiring Kiva Systems for a whopping $775 million in 2012. Moreover, Amazon has also made notable efforts to improve speed and efficiency at its warehouses with the help of several robotic solutions.
Meanwhile, with regard to the reason behind Alphabet's plans to sell Boston Dynamics, two unidentified sources "familiar with the company's plans," have told Bloomberg that the executives at Alphabet probably feel that "Boston Dynamics isn't likely to produce a marketable product in the next few years."
Short on pocket change? Numerous French cities now...Read More
As a result of the Brexit referendum, many French...Read More
As much as the British Government is doing all it...Read More
Fair workers slowed down traffic around Paris...Read More
When it comes to life insurance, there are many...Read More