Walmart, Symbotic

Symbotic to Acquire Walmart’s Robotics Business. The Stock Charges Higher.
Walmart selects Symbotic to develop a solution to automate the retailer’s accelerated pickup and delivery centers.
Symbotic completes purchase of Walmart’s Advanced Systems and Robotics business
Symbotic (SYM) announced it has both completed the acquisition of the Advanced Systems and Robotics business from Walmart (WMT) and signed the
Symbotic to Buy Walmart’s Advanced Systems and Robotics Unit, Signs Commercial Agreement
Technology company Symbotic has struck a deal to expand its partnership with Walmart, taking on a $520 million program to develop an automated delivery platform for Walmart stores while also agreeing to buy the retail giant’s advanced systems and robotics business.
Symbotic Soars After Robotics Deal With Walmart - What's Going On?
Symbotic Inc. (NASDAQ:SYM) shares traded higher premarkets on Thursday after the company disclosed a deal to acquire Walmart Inc.‘s (NYSE:WMT) Advanced Systems and Robotics business. The acquisition’s total consideration is $200 million in cash and Symbotic will pay Walmart up to $350 million in additional contingent consideration in future periods dependent upon the quantity of APD systems ordered.
Symbotic Completes Acquisition of Walmart’s Advanced Systems and Robotics Business and Signs Related Commercial Agreement
Walmart has chosen Symbotic to develop, build and deploy an advanced solution leveraging Symbotic’s A.I.-enabled robotics platform to offer Walmart customers greater shopping convenience through accelerated online pickup and delivery options at stores.
Symbotic: AI Robotics Platform Boosted By Walmart
Symbotic's fiscal growth and strategic acquisitions position the company for long-term success and market expansion. Learn more about SYM stock here.
Symbotic seals $200m deal for Walmart’s robotics unit
AI tech company Symbotic has agreed to acquire Walmart’s Advanced Systems and Robotics division for $200m in cash. Symbotic will construct and implement an advanced solution powered by its AI and robotics platform.
Symbotic to buy Walmart’s robotics business for $200m
Symbotic surged on Thursday after saying it has agreed to buy Walmart’s Advanced Systems and Robotics business for $200m.
Symbotic Expands Market with Walmart Automation Deal
Symbotic Inc. announced the completion of its acquisition of Walmart’s Advanced Systems and Robotics business and signed a Commercial Agreement with Walmart
Symbotic: Is The Walmart Partnership A Game Changer? I Don't Think So
Symbotic Inc.'s valuation appears to factor in optimism that doesn't appear to be justified. Click here to find out why I am ...
TechCrunch12d
Symbotic set to take over Walmart’s robotics business
Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the ...
How a Boston inventor’s robots are dominating Walmart
New Hampshire billionaire Rick Cohen built Symbotic into the biggest robotics company in the area after he bought out founder ...
Symbotic's senior VP Michael Dunn sells $120,957 in stock
Michael David Dunn, the Senior Vice President of Sales, Marketing & Product Strategy at Symbotic Inc. (NASDAQ:SYM), recently ...
Symbotic: Potential High Rewards For Risk-Taking Investors
Read here for more about the volatile stock performance of Symbotic (SYM), including the impact of revenue recognition issues ...
Total Retail6d
Walmart Investing $520M in AI Robotics Platform to Improve E-Commerce Fulfillment
In a move meant to create an integrated, automated supply chain, Walmart has partnered with AI-enabled robotics technology ...
Walmart stock soars to all-time high of $96.29 amid robust growth
In a remarkable display of market resilience, Walmart (NYSE:WMT) stock has reached an all-time high, touching $96.29, a level ...