Symbotic Completes Acquisition of Walmart's Advanced Systems and Robotics Business and Signs Related Commercial Agreement
Symbotic (SYM) Newsfilter·2025-01-28 11:30WILMINGTON, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (NASDAQ:SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has both completed the acquisition of the Advanced Systems and Robotics business from Walmart (NYSE:WMT) and signed the related commercial agreement with Walmart covering the development and deployment of automation systems for Accelerated Pickup and Delivery centers ("APDs") at Walmart stores (the "Commercial Agreement"). Walmart has chosen ...