Walmart, Symbotic
YAHOO!Finance · 6h
Symbotic Soars After Robotics Deal With Walmart - What's Going On?
Symbotic Inc. (NASDAQ:SYM) shares traded higher premarkets on Thursday after the company disclosed a deal to acquire Walmart Inc.‘s (NYSE:WMT) Advanced Systems and Robotics business. The acquisition’s total consideration is $200 million in cash and Symbotic will pay Walmart up to $350 million in additional contingent consideration in future periods dependent upon the quantity of APD systems ordered.
btimesonline · 3h
Symbotic Acquires Walmart’s Robotics Business in $200 Million Deal to Transform Supply Chains
Symbotic Inc., a leader in automation and artificial intelligence-enabled robotics, announced a significant deal to acquire Walmart's Advanced Systems and Robotics business for $200 million. The agreement,
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