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Aptiv to buy Wind River for $4.3 billion

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Aptiv, a technology company developing mobility software and systems, is to acquire Wind River from TPG Capital, the private equity platform of global alternative asset management firm TPG, for $4.3 billion in cash.

Wind River is a global leader in delivering software for the intelligent edge. Used on over two billion edge devices across more than 1,700 customers globally, Wind River’s software enables the secure development, deployment, operations and servicing of mission-critical intelligent systems.

This edge-to-cloud software portfolio spans the aerospace and defense, telecommunications, industrial and automotive markets and is anchored by Wind River Studio, a highly versatile, comprehensive cloud-native intelligent systems software platform that enables full product lifecycle management for edge-to-cloud use cases. [Read more…] about Aptiv to buy Wind River for $4.3 billion

6 River Systems upgrades its robotic fulfillment solution

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6 River Systems has made a series of enhancements to its robotic fulfillment solution.

6 River, part of e-commerce platform provider Shopify, revealed the upgrade during its second annual user conference, FLOW 2020.

David Vallance, director of product at 6 River Systems, says: “We have developed a strategic product roadmap at 6RS to find and address the next level of efficiencies to help our customers meet ever-changing demand and drive value to their own customers. [Read more…] about 6 River Systems upgrades its robotic fulfillment solution

Walmart deal helps Shopify shares skyrocket more than 300 percent

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Shopify shares have skyrocketed to all-time highs over the past few weeks, largely as a result of its new partnership with Walmart. Shopify is the first online commerce platform partner that Walmart has signed such a deal with. 

The agreement, agreed in June, allows Shopify – which bought warehouse robot maker 6 River Systems last year for $450 million – to put 1,200 of its merchants into Walmart’s marketplace

Walmart is America’s largest retail chain, with annual revenues of more than $500 billion. The vast majority of its sales are in brick-and-mortar stores, but the company has recently been making a big push into the digital space. [Read more…] about Walmart deal helps Shopify shares skyrocket more than 300 percent

6 River Systems strengthens capabilities of its warehouse robots

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6 River Systems, now part of leading global commerce company Shopify, says it has strengthened the capabilities of its warehouse robots.

6RS also released recommendations to its customers to further protect employees from pathogens during the picking process in warehouses and fulfillment centers, as well as “dark stores” – retail centers or distribution centers solely used for online order fulfillment.

The company’s recommendations span operational modifications, improvements to the hardware and software for its collaborative robot, Chuck, and highlight the availability of new products for its fulfillment solution. [Read more…] about 6 River Systems strengthens capabilities of its warehouse robots

6 River Systems introduces ‘major enhancements’ to its mobile fulfillment robots

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6 River Systems (6RS), part of global commerce platform Shopify, has unveiled what it describes as “major enhancements” to its “wall-to-wall” fulfillment solution, including upgrades to its collaborative mobile robot, Chuck.

6RS says it provides warehouse operators the opportunity to “transform the entire fulfillment workflow from putaway, to picking, sorting and packing”.

Improvements to the solution’s order allocation algorithm and optimizations to batch, zone and other picking methodologies continue to reduce associate walking in the warehouse, says the company. [Read more…] about 6 River Systems introduces ‘major enhancements’ to its mobile fulfillment robots

Seine Alliance takes ‘first’ fully-electric passenger boat to Paris

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Seine Alliance, a partnersip between Groupe Renault and Green Vision, has launched what it is the “first 100 per cent electric passenger boat with second life batteries” to Paris, France.

The “Black Swan”, as the boat is called, is specifically designed for private or business cruises on the Seine, the main river is Paris.

The aim of Seine Alliance and its partners is to be able to demonstrate the effectiveness of a model based on the principle of the circular economy, in order to reproduce it and create synergies between the various mobility players. [Read more…] about Seine Alliance takes ‘first’ fully-electric passenger boat to Paris

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