Ocado adds to robotics capability with $406m acquisitions

By on
Ocado adds to robotics capability with $406m acquisitions

Snaps up two companies.

British online supermarket and technology group Ocado said it would buy two robotics companies for a total of US$287 million (A$406 million) and upgraded its full year earnings outlook on the back of strong trading at its retail joint venture with Marks & Spencer. Ocado said it was buying ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
hardware ocado retailit robotics

Sponsored Whitepapers

The top 5 tech trends to deliver business outcomes
The top 5 tech trends to deliver business outcomes
10 reasons why businesses need to invest in cloud security training
10 reasons why businesses need to invest in cloud security training
Your guide to application security solutions
Your guide to application security solutions
State of Software Security: Open Source Edition
State of Software Security: Open Source Edition
Five questions to ask before you upgrade to a SIEM solution
Five questions to ask before you upgrade to a SIEM solution

Events

Most Read Articles

TPG Telecom to start enticing NBN customers to move

TPG Telecom to start enticing NBN customers to move
Infosys scores another $40m for Centrelink payments engine build

Infosys scores another $40m for Centrelink payments engine build
Telstra InfraCo opens up telco's own fibre network

Telstra InfraCo opens up telco's own fibre network
Transport for NSW data stolen in Accellion breach

Transport for NSW data stolen in Accellion breach
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?