# Amazon takes stake in warehouse robotics firm Balyo

Amazon could build a stake of almost a third in warehouse robotics firm Balyo over the next seven years, as part of a deal that includes adopting Balyo's technology for self-driving forklifts.

- Type: Investment
- Announced: 2019-01-17
- Where: France
- Status: announced
- Products: self-driving forklifts, 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) (partner)

## Sources

- [forkliftaction.com](https://www.forkliftaction.com/newsletter/archive/0906.htm), 2019-01-17: "Amazon could build a stake of almost a third in warehouse robotics firm Balyo in the next seven years, as part of a deal that could boost sales of the ..."

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