Kiva systems stock price
3 Stocks to Watch in Robots: Intuitive Surgical, iRobot, and utabumo.web.fc2.com -- The Motley Fool
The acquisition, which has been approved by Kiva's stockholders, is expected to close in the second quarter of , Amazon added in a statement. Kiva develops robots that zip around warehouses, grabbing and moving shelves and crates full of products.
This $ Million utabumo.web.fc2.com, Inc. (AMZN) Acquisition Is Paying for Itself | InvestorPlace
The technology helps retailers fulfill online orders quickly and with fewer workers. Amazon has traditionally used more employees in its warehouses, or fulfillment centers as they are known. However, Kiva's robots have been used by other e-commerce companies acquired by Amazon in recent years, such as Quidsi and Zappos.
Fulfillment centers are crucial to Amazon's main online retail business. But the company also offers fulfillment services to other merchants, making the warehouses even more important.
Amazon has been spending more on fulfillment in recent years as the company opened lots of new warehouses to handle the rapid growth of its business. Fulfillment costs as a percentage of revenue rose to more than 9 percent in , from just over 8 percent in , according to Aaron Kessler, an analyst at Raymond James. They are shipping so much and increasing volume so they need to figure out how to get more leverage out of these fulfillment centers.
WINNIPEG, Manitoba Canadian fertilizer producers Agrium Inc and Potash Corp of Saskatchewan Inc , which are seeking regulator approval to merge, said on Wednesday that the combined company would be called Nutrien.
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utabumo.web.fc2.com to buy Kiva Systems for $ million | Reuters
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