First Kiva Systems and now Intelligrated! Who’s next?
What is it about automated robotic warehousing? Amazon just acquired Kiva Systems for $775 million and now Permira, a European private equity firm, announced that it was acquiring Intelligrated for an amount in excess of $500 million! The deal is expected to close after the summer.
Intelligrated designs, manufactures, and/or integrates and installs complete material handling solutions for warehouses, distribution centers and consumer product manufacturing operations and includes a line of palletizing robots along with more conventional conveyor systems.