TEK2day

Operating at the Intersection of Technology and the Capital Markets

Tag: warehouse

  • Amazon’s Autonomous Robotics Acquisition: Canvas Technology

    Last week Amazon acquired Canvas Technology, an autonomous robotics company designed to automate fulfillment centers. This is Amazon’s second acquisition of a robotics company deployed in fulfillment centers. The first was Amazon’s March 2012 $775 million acquisition of Kiva Systems, which we had an opportunity to interact with last year in Boston. Amazon reportedly acquired…