Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business.

Key Takeaways Symbotic and Walmart announced a pair of new deals Thursday that will see the robotics company and retail giant expand their partnership.Symbotic will buy Walmart's Advanced Systems and Robotics business for $200 million.

Technology company Symbotic has struck a deal to expand its partnership with Walmart, taking on a $520 million program to develop an automated delivery platform for Walmart stores while also agreeing to buy the retail giant’s advanced systems and robotics business.

Symbotic Inc. (NASDAQ:SYM) shares traded higher premarkets on Thursday after the company disclosed a deal to acquire Walmart Inc.‘s (NYSE:WMT) Advanced Systems and Robotics business. The acquisition’s total consideration is $200 million in cash and Symbotic will pay Walmart up to $350 million in additional contingent consideration in future periods dependent upon the quantity of APD systems ordered.

Symbotic's shares jumped about 14% on Thursday after the automation firm said it would buy Walmart's robotics business for $200 million as part of an agreement to expand the retailer's automated supply chain.

Mass. firm had previously built automation for Walmart warehouses, and will now make micro-fulfillment centers for its retail stores, too.

AI tech company Symbotic Inc. will acquire Walmart’s robotics business for $200 million, the automation firm announced Wednesday.

Walmart has made a deal to sell its Advanced Systems and Robotics business to Symbotic, Inc., an AI-enabled robotics technology company that focuses on the supply chain. As part of the deal, Symbotic will help Walmart develop, build and deploy an advanced robotics platform solution that will accelerate online pickup and delivery options at stores.

Symbotic surged on Thursday after saying it has agreed to buy Walmart’s Advanced Systems and Robotics business for $200m.