Symbotic Acquires Walmart’s Robotics Unit
Walmart invests $520 million in Symbotic to develop AI-driven systems for faster pickup and delivery services.
- Symbotic will pay Walmart $200 million for its Advanced Systems and Robotics business, with up to $350 million in additional performance-based payments.
- Walmart has committed $520 million to fund the development of AI-enabled automation systems for its Accelerated Pickup and Delivery (APD) centers.
- The partnership, which began in 2017, will expand to deploy Symbotic’s systems in 400 APD centers across the U.S., with potential for further rollout.
- Symbotic expects the deal to increase its backlog by $5 billion and significantly broaden its market in e-commerce logistics and last-mile delivery solutions.
- The acquisition is set to close in Q2 2025, and Symbotic's stock surged over 20% following the announcement, reflecting investor confidence in the expanded partnership.