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Kiva Systems Sold to Amazon
Amazon.comÌýhas agreed to acquire Kiva Systems Inc., a privately held maker of robotic warehouse systems, for about $775 million in cash.

In aÌýstatement, Amazon.comÌýsaid the purchase of KivaÌýshould close in the second quarter. In addition to material handling systems, Kiva also provides logistics and distribution operations software.

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