Shopify buys warehouse automation tech developer 6 River Systems for $450 million
Shopify, the shopping technology developer that's quickly becoming the anti-Amazon, has taken another step up the sales supply chain with its $450 million acquisition of the warehouse automation and management technology developer, 6 River Systems. The acquisition will serve to boost efficiencies among Shopify's Fulfillment Network service, which launched in June. The acquisition gives Shopify access to the robotics experts who helped develop Amazon's own robotics business when they were at Kiva Systems (before Amazon acquired that company).