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Robo Tech For E-com Warehousing: Amazon.com To Buy Kiva Systems For $775M

Monday, March 19, 2012 | More »

Amazon.com Inc┬ásaid on Monday it agreed to buy Kiva Systems Inc for $775 million in cash, a deal that will bring more robotic technology to the e-commerce company’s giant network of warehouses. The acquisition, which has been approved by Kiva’s stockholders, is expected to close in the ...