Walmart is selling its advanced systems and robotics business to Symbotic to improve online order pickup and delivery fulfillment, according to a Jan. 16 press release. Under a development ...

Symbotic builds and deploys automation systems for warehouses, distribution centers, and supply chains. Its fully autonomous, artificial intelligence (AI)-enabled robots are already deployed in ...

The acquisition of Walmart's Advanced Systems and Robotics Business deepens Symbotic's relationship with Walmart, potentially adding $5 billion to its backlog and expanding its market. Symbotic's ...

Symbotic's revenue is extremely concentrated, and the recent acquisition of Walmart's robotics business will only exacerbate this. Symbotic's valuation is still high given its slowing growth ...

Symbotic acquires Walmart's Advanced Systems and Robotics for $200M, with up to $350M in contingent payments. The deal expands Symbotic’s market by $300B through automation of Walmart's Pickup ...

The retailer accounted for approximately 87% of Symbotic's total revenue of $1.82 billion in the fiscal year ended in September last year. Shares of Symbotic Inc. jumped on Thursday after the ...

Symbotic and Walmart announced a pair of new deals Thursday that will see the robotics company and retail giant expand their partnership. Symbotic will buy Walmart's Advanced Systems and Robotics ...

Symbotic (NASDAQ: SYM) stock is seeing huge gains in Thursday's trading. The automation and robotics company's share price was up 20.7% as of 2 p.m. ET and had been up as much as 24.6% earlier in ...

Symbotic just signed a couple of deals with the world's largest retailer. The AI-robotics technology company expects to report a big jump in quarterly revenue on Feb. 5. Symbotic builds and ...