Amazon Acquires CloostermansSean Gallup/Getty Images
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Amazon announces acquisition of machinery and robotics maker Cloostermans.
Last Friday, Amazon announced the acquisition of Belgian company, Cloostermans -- a company that makes technology used in warehouses. The terms of the financial package associated with the purchase were not disclosed publicly.
"Amazon’s investments in robotics and technology are supporting how we build a better and safer workplace for our employees and deliver for our customers," said Ian Simpson, Vice President of Global Robotics at Amazon in a press release. "As we continue to broaden and accelerate the robotics and technology we design, engineer and deploy across our operations, we look forward to welcoming Cloostermans to Amazon and are excited to see what we can build together."
What does this mean for the Cloostermans team? The approximately 200 employees of Cloostermans will join the Amazon Global Robotics group in Europe. Last year, Amazon launched the European Innovation Lab in Italy, and this move looks like a calculated attempt to expand Amazon's presence in Europe.
Another proposed rationale is robotics will improve warehouse safety, however, a recent study suggests Amazon's warehouses with robots have higher instances of injury. Amazon is currently dealing with a rash of warehouse safety concerns, while the company fights unionization efforts.