Amazon to Buy Maker of the Roomba for $1.7 Billion
The acquisition of iRobot Corp., maker of the robot vacuum, will add to Amazon’s roster of smart home devices, which includes the Alexa virtual assistant and Ring doorbells.
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The acquisition of iRobot Corp., maker of the robot vacuum, will add to Amazon’s roster of smart home devices, which includes the Alexa virtual assistant and Ring doorbells.
In a major move for the home robotics sector, Amazon will acquire the company best known for its robotic vacuum cleaner, Roomba.
Amazon is set to acquire iRobot, the maker of the Roomba robot vacuum, for $1.7 billion, or $61 per share.
It seems that Amazon is keen on expanding its smart home portfolio with robot vacuum cleaners.
Amazon and iRobot signed an agreement Thursday for a definitive merger agreement under which Amazon will acquire iRobot.