Alphabet may ditch Boston Dynamics and its robot dreams

Frustrated with Boston Dynamics’ slow pace in building a marketable product, Google’s parent company Alphabet is apparently looking to unload robotics pioneer Boston Dynamics, which it acquired a little more than two years ago.

Sourced through Scoop.it from: www.computerworld.com

Frustrated with Boston Dynamics’ slow pace in building a marketable product, Google’s parent company Alphabet is apparently looking to unload robotics pioneer Boston Dynamics, which it acquired a little more than two years ago.

Alphabet is cutting its losses and looking to unload the company, according to a Bloomberg report. The company is known for its four-legged Big Dog and a slow-moving humanoid robot that became a video sensation.  Citing unnamed sources, Bloomberg also reported that Toyota Research Institute, a division of Toyota Motor Corp., and Amazon.com, which uses robots in its warehouses, are potential buyers.  Google bought Boston Dynamics with just a few weeks left in 2013 as part of a wide-ranging shopping spree of robotics companies.  The question remains, however, that if Alphabet sells Boston Dynamics, does that mean the company is backing away from robotics all together or simply offloading this one piece.

“If they’re selling Boston Dynamics, it would seem to me they’re moving away from robotics, as strange as that might sound,” said Jeff Kagan, an independent industry analyst. “I would think if Google was still interested in robotics, it would hang on to Boston Dynamics and possibly make another acquisition for shorter-term realization.”

See on Scoop.itInternet of Things – Company and Research Focus

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