Ocado acquires Kindred Systems and Haddington Dynamics to enhance its robotic manipulation capabilities
LONDON: Ocado Group plc announced proposed acquisition of Kindred Systems Inc. for consideration of approximately US$262 million; and Haddington Dynamics Inc. for approximately US$25 million, a company announcement said. Tim Steiner, CEO of Ocado, commented: “We consider the opportunities for robotic manipulation solutions to be significant, both for Ocado Smart Platform clients and across the…