Toyota in Talks to Buy Robotics Divisions From Alphabet

Toyota in Talks to Buy Robotics Divisions From Alphabet
Image credit: Akio Kon/Bloomberg | Getty Images

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
1 min read
This story originally appeared on Reuters

Toyota Motor Corp. is in talks to buy two robotics divisions from Google parent Alphabet Inc., the Nikkei reported on Wednesday.

The Japanese automaker is discussing an acquisition of Alphabet's Boston Dynamics -- known for the Cheetah, which is claimed to be the world's fastest-legged robot -- and Schaft, a venture that was led by two former Tokyo University professors, the report said.

Toyota declined to comment beyond saying the company and its research and development arm, Toyota Research Institute, "regularly discuss possible collaborations with outside partners to help create ever-better cars and to advance our R&D efforts."

 
 

(Reporting by Chang-Ran Kim; Editing by Ritsuko Ando)

More from Entrepreneur

We created the Start Your Own Business (SYOB) course to help you get started on your entrepreneurial journey. You will learn everything you need to know about testing the viability of your idea, writing a business plan, raising funds, and opening for business.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Let us help you take the NEXT step. Whether you have one-time projects, recurring work, or part-time contractors, we can assemble the experts you need to grow your company.

Latest on Entrepreneur