Google Buys Yet Another Robotics Company

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn
Boston Dynamics robot

Source: http://bostondynamics.com/robot_bigdog.html

Google (NASDAQ:GOOG) has acquired its eighth robotics company in the last six months, announcing that it purchased robot maker Boston Dynamics on Friday but declining to say how much it spent, according to the New York Times.

Boston Dynamics has made a series of impressive robots, including one called Cheetah that can run faster than even the fastest human. The firm is known for making robots with the ability to traverse difficult terrain while maintaining a strong sense of balance and has made research robots for the Pentagon. Google also declines to say what it’s planning to do with all that robotics technology. Some speculations include using them for warehouse work and product delivery, or even use in elder care.

Boston Dynamics has never made robots for commercial use, but develops them for contracts with clients like the Pentagon’s Defense Advanced Research Projects Agency. The company was founded in 1992 by Dr. Marc Raibert. Despite the company’s defense clients, Raibert believes he is furthering the future of robotics and doesn’t consider his company to be a military contractor, according to the Times report. “I am excited by Andy and Google’s ability to think very, very big,” Dr. Raibert said to the Times, “with the resources to make it happen.”

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business