Amazon has signed an agreement to acquire iRobot, makers of Roomba robot vacuums. The deal is valued at approximately $1.7 billion, and Amazon will acquire iRobot for $61 per share in an all-cash transaction.
“Customers love iRobot products — and I’m excited to work with the iRobot team to invent in ways that make customers’ lives easier and more enjoyable,” says Dave Limp, SVP of Amazon Devices. It’s not immediately clear how iRobot will be integrated into Amazon once the deal is finalized and cleared by regulators, but Amazon intends to keep Colin Angle as the CEO of iRobot.
iRobot has been designing robot vacuums since 2002, and it has sold millions of its popular Roomba vacuums. Earlier this year iRobot launched its latest iRobot OS,...
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
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Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.