Amazon's $ 775 million cash acquisition of robotics company Kiva

Amazon on Monday announced that the company will be $ 775 million cash acquisition of Kiva, Systems, Inc. (hereinafter referred to as "Kiva,"). The deal will give Amazon a huge warehouse network to bring more robotics.

Amazon said in a statement that the transaction has been a the Kiva shareholder approval, is expected to be completed in the second quarter of this year.

Kiva to develop the robot is able to organize the warehouse and move the shelves full of goods. Kiva technology can help retailers accelerate the speed of the Executive Order to reduce the number of employees. Including retailers, including Gap, Staples and Crate & Barrel have used Kiva technology.

Traditionally, Amazon has more employees in the warehouse or distribution center. Other e-commerce company acquired in the Amazon in recent years, some companies use the Kiva technology, such as Quidsi and Zappos,. Market research firm Caris & Company analyst Scott Tillman Scott, Tilghman said, "This is a way of improving efficiency. Given the scale of Amazon's business, the acquisition of Kiva is necessary."

Distribution center for the Amazon e-commerce business is crucial. Amazon also provide distribution services to other e-commerce companies, thus enhancing the importance of the distribution center. Amazon customers around the world and distribution business unit vice president, Dave Clark (Dave Clark) said, "For a long time, Amazon has been used in the distribution center automation technology. Kiva technology goods to the front of his employees, and employees can quickly for packaging and shipping of goods is another way to improve work efficiency. "