LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an

LG Electronics has acquired management rights to Bear Robotics by purchasing an additional 30 percent stake in the Silicon Valley-based robotics startup, bringing its total holding to 51 percent, following an existing 21 percent stake.

LG will incorporate Bear’s technology, including Servi the robotic waiter, into its own line of robots for consumers and businesses.