31–40 of 257 posts
Earlier quoted context omitted.
We spend way more in software (also online services) than in hardware.
Do cars count as hardware? People spend a lot on those.
Could someone explain why this acquisition makes sense? The core competencies between the two companies seem to have little overlap from my outsider perspective. Is this diversification or does Hyundai make more than automobiles?
Robots are used to make cars. Robots and cars both require precision engineering at a macro scale. Both have lots of electronics and control systems, even leaving out self-driving or autonomous capabilities.
For 5% of Hyundai's market cap, I think you can make a case for BD being valuable to Hyundai just as a car manufacturer, or having synergies with its core business.
This should be very interesting, I'm not clear on the relationships after their split but Hyundai has a huge reach across every sort of heavy industry you can think of. I found another article that says it is the motor division that is acquiring Boston Dynamics. I'm surprised the US allowed this, Boston Dynamics seems like the sort of company they would keep close to home. https://www.kedglobal.com/newsView/ked202012…
This just demonstrates the "price gap" between virtual and "real world" companies. An app with a few thousand uses with worth more than one of the world's best engineering companies. Even if either has a path to profitability.
I agree, and it's probably becoming a problem, but... I don't think this is a good example of that. I mean, we're talking about the value of a business. Boston Dynamics is more of a research lab. They don't really have much in the way of revenue streams, customers, products, etc.
Some of the scientist and engineers working there might invent/discover what could be the most significant thing in human history for the next hundred years. Leading to a fabulous amount of wealth creation. But there's no guarantee the company financing all of this will be able to capitalize on that invention.
That's a lot of ifs. If people there invent something important; if the company sees the true value of the invention; if it is marketed in a way that makes money; if etc...
This just demonstrates the "price gap" between virtual and "real world" companies. An app with a few thousand uses with worth more than one of the world's best engineering companies. Even if either has a path to profitability.
I was going to cite concrete numbers for BD’s previous acquisitions — since I was certain I’d heard those figures being higher — but Wikipedia just gives the Google and SoftBank purchases as being undisclosed sums: https://en.wikipedia.org/wiki/Boston_Dynamics#Company_histor...
[1] https://www.bloomberg.com/news/articles/2020-11-17/boston-dy...
Earlier quoted context omitted.
From the article: > In early November, Bloomberg first reported that Hyundai was in talks to acquire Boston Dynamics from Tokyo-based SoftBank Group. The Japanese conglomerate is selling off non-core business assets after it was hit hard by a series of soured bets, including WeWork and Uber. In September 2020, Softbank sold Arm to NVIDIA for $40 billion.
I wonder how much this has changed with the continued increase in stock values and new companies going public. Uber, Doordash, etc. aren't the losers that they appeared to be even just a couple months ago.
This just demonstrates the "price gap" between virtual and "real world" companies. An app with a few thousand uses with worth more than one of the world's best engineering companies. Even if either has a path to profitability.