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Ocado has announced it has completed the deal for US piece picking robotics company Kindred Systems. Ocado announced on 2 November it had agreed a $262m deal for San Francisco and Toronto-based firm that designs, supplies and services piece-picking robots for e-commerce and order fulfilment. Founded in 2014, Kindred Systems has around 90 employees, approximately half of whom are engineers who will join Ocado’s existing technology team. Kindred Systems is expected to have approximately 180 robots installed and operating by the end of 2020 across its growing client base and is expected to gen...

An employee scans an item at work stations part of mobile robotic fulfilment systems. AFP via Getty Images Amazon eight years ago purchased robotic fulfilment system maker Kiva Systems for $775 million, a deal paying very clear dividends now as the acquisition boosted delivery capacity from warehouses. Luca Ramotti, an analyst at Legal & General Investment Management, said the firm recently heard from the co-founder of Kiva Systems, Raffaello D’Andrea, who said Amazon has been able to deploy hundreds of thousands of mobile robots that run on artificial intelli...