Here’s a roundup of the week’s Boston technology news, featuring robots, trade war accounting, self-driving cars, acquisitions, co-working deals, and more.
—SoftBank disclosed in financial filings the $37 million in debt financing it provided to robotics startup Boston Dynamics late last year was converted to equity last month. Softbank bought Waltham, MA-based Boston Dynamics from Alphabet in 2017 for an undisclosed sum. The robotics company, popularly known for its videos of walking and running machines, was acquired by Google in 2013
— WeWork, which operates an international chain of coworking spaces, announced its largest Boston project yet with the lease of 11 floors of the State Street Financial Center, also known by its address One Lincoln, in downtown Boston, according to a press release. The planned space in the One Lincoln building will have 4,000 desks—more square footage in one building than the company has opened in its first three years operating in Boston, WeWork said. The company currently runs nine locations in Boston and Cambridge with nearly 9,000 members that rent office space. WeWork expects the space to open in the third quarter of 2019.
Dave McLaughlin, WeWork’s northeast manager, said in prepared remarks, “Together with our other locations downtown, we’re really building a WeWork campus in the heart of Boston.”Read Complete Article