Shopify has agreed to pay $450m in cash and shares for the warehouse technology developer, which had raised $46m from investors including iRobot.

E-commerce software producer Shopify agreed yesterday to acquire US-based warehousing and fulfilment technology provider 6 River Systems in a $450m deal that will allow domestic robot producer iRobot to exit. The transaction will be made up of approximately $270m in cash, with the rest to consist of shares in publicly-traded Shopify. 6 River has raised…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.