Kiva makes small orange robots that are deployed within shipping and fulfillment centers to boost productivity and offer a "complete order fulfillment solution" that does a handful of tasks. These little brightly colored fellows are already in use by two of Amazon's other websites, Zappos.com and Diapers.com.
They complement humans by bringing shelves loaded with products directly to workers, while using a laser pointer to help direct the worker to which product needs to be picked out and packed into an order. Kiva estimates that it can boost productivity by as much as three to four times.
This is the second-largest acquisition that Amazon has made, topped only by the Zappos.com deal in 2009 for nearly $900 million. Also high on that list was the roughly $545 million deal to acquire Quidsi, which brought Diapers.com and Soap.com into Amazon's fold.
On top of that, Amazon has confirmed that it's not planning on hogging these machines for itself. It will continue selling the technology to other retailers. Gap
This is what I like to see as an Amazon shareholder: aggressively investing in future growth by beefing up infrastructure. Short-sighted investors have been disappointed with Amazon's falling bottom line, but its growing top line encourages me.
On the digital side, it continues to beef up its Google
All signs are pointing to a bright future with Amazon.
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Fool contributor Evan Niu owns shares of Amazon.com, but he holds no other position in any company mentioned. Check out his holdings and a short bio. The Motley Fool owns shares of Google and Amazon.com. Motley Fool newsletter services have recommended buying shares of Amazon.com, Netflix, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.