Kiva Systems (Acquired by Amazon)

Kiva Systems, acquired by Amazon in 2012, is known for developing innovative robotics and automation technology for warehouses. Their system uses small, mobile robots to transport products around a facility, efficiently picking and fulfilling orders. Instead of human workers moving to shelves, the robots bring shelves directly to them, speeding up the process of sorting and packing items. This automation helps reduce labor costs and increase efficiency, ultimately allowing companies like Amazon to deliver products to customers more quickly and reliably. Kiva's technology is a key part of Amazon's logistics strategy.