Symbotic to Buy Walmart’s Robotics Business in $200 Million Deal

Automation specialists Symbotic announced plans to buy Walmart’s robotics business for $200 million as part of a new agreement to boost Walmart’s automated supply chain. The deal includes a $520 million development program funded by Walmart, with $230 million paid at closing.

The agreement expands on a long-standing partnership between the two companies. Since 2017, Symbotic has provided software and robotics for Wal…