Walmart (WMT) Acquires Alert Innovation

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Go back to Walmart (WMT) Acquires Alert Innovation

Alert Innovation Signs Definitive Agreement to Be Acquired by Walmart

October 6, 2022 9:20 AM EDT

ANDOVER, Mass.--(BUSINESS WIRE)-- Alert Innovation, a market leader in e-grocery fulfillment automation, has signed a definitive agreement to be acquired by Walmart. Alert Innovation has been working with Walmart to customize technology for Walmarts market fulfillment centers (MFCs) since 2016 and began piloting the Alphabot System in Walmarts first MFC in Salem, New Hampshire in 2019.

I am proud that Alert Innovation is one of the most innovative and capable automation companies in operation today. Our mission to improve peoples lives through innovation will now be dedicated to Walmart customers and associates which is an inspiring... More