Fulfilment and e-grocery automation company Alert Innovation has signed a definitive agreement to be acquired by Walmart.
Alert Innovation has been working with Walmart to customise technology for the grocery giant’s market fulfilment centres (MFCs) since 2016, and began piloting the Alphabot System in Walmart’s first MFC in Salem, New Hampshire in 2019.
Alert Innovation will continue to operate under the Alert Innovation brand based in the Boston area.
John Lert, Alert Innovation Founder and Executive Chairman said: “Our mission to improve people’s lives through innovation will now be dedicated to Walmart customers and associates which is an inspiring undertaking.”
Adding, David Guggina, Senior Vice President of innovation and Automation at Walmart said: “Bringing the best of Alert’s technology and capabilities in-house will enable us to reach more customers quicker by deploying MFCs with greater speed, providing both an unmatched shopping experience and a competitive advantage in omnichannel fulfilment.”