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Symbotic to merge with SoftBank SPAC in $4.5B deal · Endata

◂ Announcements

Dec 12, 2021ACQUISITIONUnited States

Symbotic to merge with SoftBank SPAC in $4.5B deal

Walmart-backed robotics company Symbotic is finalising a $4.5 billion merger with SVF Investment Corp 3, a SPAC created by SoftBank. The deal is expected to be announced within days.

Value

$4.50B

Status

Announced

Productsrobotics systems for distribution centers

CompaniesWalmart investor Symbotic target SoftBank Group investor SVF Investment Corp 3 acquirer

Sectors#Automation and Robotics

“A robotics and automation company backed by Walmart, America's biggest grocery retailer, is finalising plans for a $4.5bn (£3.3bn) merger with a 'blank cheque' company created by the Japanese technology giant SoftBank.”news.sky.com

1 source
news.sky.comWalmart-backed robotics group Symbotic finalises £3.3bn SoftBank SPAC merger | Money News | Sky NewsMark KleinmanDec 12, 2021

Summarized from public sources; check the original articles before acting on it.

More from Walmart

Oct 29, 2026PARTNERSHIPUnited States
Walmart and Symbotic expand commercial agreement
Walmart customer Symbotic supplier mmh.com
Aug 26, 2025CONTRACTGreencastle, PA; Joliet, IL; Lancaster, TX; Stockton, CA, United States
Ranpak and Walmart expand automation deal, deploying AutoFill systems at five fulfillment centers
Walmart customer Ranpak supplier business.sherbrookerecord.com
May 23, 2022CONTRACTUnited States
Walmart and Symbotic expand partnership for automation systems
Walmart customer Symbotic supplier channelbiz.co.uk
May 23, 2022CONTRACTUnited States
Walmart and Symbotic expand partnership to automate 42 regional distribution centers
Walmart customer Symbotic supplier symbotic.gcs-web.com
Dec 14, 2021ACQUISITIONUnited States$725.0M
Symbotic to go public via SPAC merger with SVF Investment Corp. 3
Walmart investor Symbotic target news.bloomberglaw.com
Aug 9, 2021CONTRACTUnited States
Walmart partners with Symbotic for automation at 25 distribution centers
Walmart customer Symbotic supplier roboticsandautomationnews.com

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