While investment in robotics and automation continued apace in November 2020, the total amount was about half of what it was in the same month a year ago.
Ocado acquires Haddington Dynamics, Kindred for $287M
Ocado, a leading British online supermarket, has acquired two U.S.-based robotics companies for $287 million in hopes of making its warehouses more efficient. Ocado purchased San Francisco-based Kindred Systems, which specializes in robotic piece-picking, for about $262 million and Las Vegas-based Haddington Dynamics, a developer of low-cost robotic arms, for about $25 million. The acquisitions…
RaaS and AI help retail supply chains adopt and manage robotics, says Kindred VP
RaaS, or Robotics-as-a-Service, models mitigate the expense and effort of implementing and managing robots in retail supply chains. A Kindred executive explains how his company uses RaaS and AI to serve increasing demand for pick-and-place operations.