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Walmart’s robot SPAC automates industry disruption

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Walmart’s robot SPAC automates industry disruption - jennifersaba -

Symbiotic, a firm that automates distribution warehouses, agreed on Dec. 13 to merge with SVF Investment Corp 3, a special-purpose acquisition company, sponsored by an affiliate of SoftBank Investment Advisers. The deal has an equity value of $5.5 billion.Source: REUTERS/Rick Wilking

Shelves are stacked with merchandise at a Wal-Mart Stores Inc company distribution center in Bentonville, Arkansas June 6, 2013.

 

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