Amazon acquires Kiva

Amazon.com has acquired Kiva Systems, the manufacturer of warehouse automation robots that are used to great success by Gap, Office Depot, Quidsi and Zappos, among others. The last two of these were acquired by Amazon over the past year.

Kiva’s orange robots, which can slide under shelves and bins of products, are used by Quidsi Inc. — the company behind Soap.com and Diapers.com that Amazon acquired for about $545 million last year.

Kiva Solutions

Image via Kiva Systems

Under the terms of the agreement, which has been approved by Kiva’s stockholders, Amazon will acquire all of the outstanding shares of Kiva for approximately $775 million in cash, as adjusted for the assumption of options and other items. Subject to various closing conditions, the acquisition is expected to close in the second quarter of 2012.


Some videos with Kiva robots in action are below:

Small mobile robots are being increasingly used to automate labor-intensive processes across various industries and are a harbinger of a future of automated, agents with distributed intelligence that can communicate with one another to accomplish large tasks.

Read more at Amazon Media Room: Press Releases and Amazon Acquires Kiva Systems in Second-Biggest Takeover – Bloomberg.

About these ads

One thought on “Amazon acquires Kiva

  1. Pingback: Amazon buys army of robots « Mind Your Business

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s