Alphabet Inc. (Google) to sell off Boston Dynamics

Posted on 23 Mar 2016 by Michael Cruickshank

Tech conglomerate Alphabet Inc. (formerly Google) is reportedly looking to sell off robotics company Boston Dynamics.

According to a report by Bloomberg, Alphabet is planning to sell off the company due to the fact that an internal review found that it is unlikely to generate revenue. Boston Dynamics, a US robotics startup was acquired by Google in 2013 for a total cost of $500m. The company attracted significant headlines and publicity for…

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