# Amazon invests in warehouse robotics firm Balyo

Amazon took a minority stake in Balyo, a provider of technology for self-driving forklifts. Amazon will receive free stock warrants representing up to 29% of Balyo's capital, exercisable depending on orders of Balyo's products.

- Type: Acquisition
- Announced: 2019-01-11
- Where: France
- Status: completed
- Products: self-driving forklift technology, warehouse robotics
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Amazon](https://endata.com/companies/3952.md) (investor)
- [Balyo](https://endata.com/companies/19378.md) (target)

## Sources

- [news.mergerlinks.com](https://news.mergerlinks.com/daily-review/widex-and-sivantos-reopen-merger-application), 2019-01-11: "This agreement represents an unprecedented opportunity for Balyo to grow its business and supports the soundness of our investments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.