Big Law
Walmart Announces Plan to Acquire Alert Innovation
Walmart on Thursday said it plans to acquire Boston-based grocery robotics company Alert Innovation to boost its order-fulfillment speed.
Terms of the deal were not disclosed.
Walmart has worked with Alert Innovation since 2016, creating customized technology for Walmart’s market fulfillment centers (MFCs) and began pilot testing Alert’s Alphabot System in Walmart’s first MFC in Salem, New Hampshire, in 2019.
