More on Amazon/Kiva: Kiva has been growing at an 80% clip thanks to an innovative robot/software...
Monday, March 19, 2012, 5:15 PM ETMore on Amazon/Kiva: Kiva has been growing at an 80% clip thanks to an innovative robot/software solution that automates "the process of picking, packing and shipping" products. Founder Mick Mountz boasts Kiva's solution, which has an average price of $5M, can handle 2x-4x as many orders/hour as a traditional approach. One unanswered question is the extent to which Amazon will support Kiva customers such as Staples, Gap, Saks, and Walgreen. AMZN now +0.1% AH. (PR)
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