Walmart selects Symbotic to develop a solution to automate the retailer’s accelerated pickup and delivery centers.

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.

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.

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.