Ocado completed the acquisition of Kindred Systems for $262m and Haddington Dynamics for $25m.

Ocado, the online grocery platform and solutions provider, completed the acquisition of Kindred Systems, a provider of information technology security solutions, for $262m, and Haddington Dynamics, an advanced research and development company, for $25m. "We have achieved very strong growth with our retail e-commerce fulfilment customers over the last 3 years, and the unique challenges presented in grocery fulfilment will bring an even richer learning environment, further expanding on both our technology and market solutions set. Benefitting from Ocado's excellence in research, technology, product development and partnering will give Kindred Systems the opportunity to continue to grow and stay at the forefront of AI and machine learning automation and workforce collaboration," Marin Tchakarov, Kindred Systems CEO.