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Kiva is a great company. They have been innovating since day 1, tapping into various industries. Last year, they put their robots on the floors of Boston Scient
by candre717 15y ago
Kiva is a great company. They have been innovating since day 1, tapping into various industries. Last year, they put their robots on the floors of Boston Scientific's fulfillment center - a first for them in the highly-sensitive, highly-regulated medical arena. And, to be bought in CASH... I hope employees and the founding team made out well.
- sriramk 15y agoAlso a great exit for Bain Capital.
- beambot 15y agoAs I wrote on Hizook [1]... this acquisition is great news for robotics, but it kinda makes me sad. I would have liked to see Kiva go public. Plus, I certainly hope Amazon doesn't hoard Kiva away for itself and rob the world of efficient, robotic warehouses... [1] http://www.hizook.com/blog/2012/03/19/breaking-news-amazon-acquires-kiva-systems-775-million-cash http://www.hizook.com/blog/2012/03/19/breaking-news-amazon-a...