Found in Robotics News & Content, with a score of 4.21
December 02, 2019
…autonomous forklifts, carts and pallet movers. Recent developments like Shopify acquiring 6 River Systems for $450m and Teradyne acquiring AutoGuide Mobile Robots & Mobile Industrial Robots (MiR) for $165m & $272M respectively are the outcomes behind this disruptive technology in the warehouses and logistics. Apart this, there have been some major M&A like KUKA (Midea Group) acquiring Swisslog, KION acquiring Dematic and Egemin, Toyota acquiring Vanderlande and Bastian Solutions, and Murata Machinery acquiring AGVE AB as well. Deploying last-mile delivery robots and drones Last-mile service has been identified as key differentiator amongst competitors, from renowned retailers to local businesses. Drones…
Found in Robotics News & Content, with a score of 65.56
October 21, 2019
Shopify Inc., the leading multi-channel commerce platform, today announced that it has completed its acquisition of 6 River Systems, Inc. With this acquisition, Shopify is changing the fulfillment industry. The transaction adds 6 River Systems’ cloud-based software and fleet of collaborative mobile robots called “Chuck” to the Shopify Fulfillment Network, accelerating its growth. The talented 6 River Systems team, with more than 130 employees, brings extensive experience in fulfillment software and robotics to Shopify. This will enable Shopify to help thousands of businesses improve their fulfillment operations, while 6 River Systems will continue to expand its industry-leading solution for warehouses.…
Found in Robotics News & Content, with a score of 43.98
September 10, 2019
Earlier this week, Ottawa-based Shopify, a multi-channel commerce platform, announced that it has reached an agreement to acquire Waltham, Mass.-based 6 River Systems, a provider of collaborative warehouse solutions. The purchase price is $450 million, and the acquisition is expected to be made official in the fourth quarter. More than 130 6 River Systems employees will join Shopify as part of the acquisition. Established in 2015, 6 River Systems was founded by Jerome Dubois, Rylan Hamilton, and Chris Caciopppo, with Dubois and Hamilton previously serving on the executive team of Amazon Robotics, which was formerly known as Kiva Systems. 6…
Found in Robotics News & Content, with a score of 59.80
September 10, 2019
Shopify, a leading multi-channel commerce platform, has announced an agreement to acquire 6 River Systems, a leading provider of collaborative warehouse fulfillment solutions. In June, Shopify introduced the Shopify Fulfillment Network, a fulfillment network intended to offer timely deliveries, lower shipping costs, and improve customer experience for merchants and their customers. According to a release, this acquisition is a critical step to accelerate the network’s growth, while 6 River Systems will also continue to build and sell their solution for warehouses. With the acquisition of 6 River Systems, Shopify will add a team with decades of experience in fulfillment software…
