Entrepreneurs / Small Business  April 11, 2019

Amazon acquires warehouse-robotics company Canvas Technology

BOULDER — Amazon has acquired Canvas Technology LLC, a Boulder warehouse-robotics company.

The deal was first reported by Tech Crunch. Terms of the transaction were not disclosed.

Canvas was founded in 2015 by Jonathan McQueen, CEO; Sandra McQueen, vice president of marketing; Nima Keivan, chief technology officer; and Juan Falquez. Its technology is based on research conducted at the University of Colorado Boulder’s Autonomous Robotics and Perception Group.

A call to Canvas was not immediately returned. An Amazon spokeswoman provided the following statement when asked to comment on the acquisition: “We are inspired by Canvas Technology’s innovations, and share a common vision…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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