Symbotic set to take over Walmart's robotics business | TechCrunch
Briefly

The new deal between Walmart and Symbotic, valued at up to $520 million, highlights an evolving strategic partnership over automation in retail.
Symbotic’s acquisition of Walmart’s automation business is part partnership and part purchase, aiming to strengthen the tech supplier relationship enduring since 2017.
Walmart, seen as symbotic's anchor partner, entrusts them with an integral role in automating its distribution centers, indicating a firm long-term investment.
The deal mirrors historical precedents like Amazon's acquisition of Kiva Systems, raising questions about upcoming non-Walmart contracts amid shifts in corporate M&A regulations.
Read at TechCrunch
[
|
]