Symbotic set to take over Walmartβs robotics business
Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailerβs automation business. Symbotic is paying $200 million in cash for the program, plus up to $350 million in βadditional contingent consideration,β depending on how the deal shakes out. The relationship is more partnership than straight acquisition, [β¦]
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