Amazon.com will acquire iRobot Corp, maker of the robotic vacuum cleaner Roomba, in an all-cash deal for about $1.7 billion in the latest push by the world’s largest online retailer to expand its stable of smart home devices. Amazon will pay $61 per share, valuing iRobot at a premium of 22% to the stock’s last closing
“When is the best time to sell? Has the market reached its peak or will valuations keep rising? Maybe I should hold on and sell after the holidays?” These are questions our clients grappled with last year. With valuations rising, the concern was potentially selling too early and leaving money on the table. Everyone knew
Cincy Brands, a technology-driven consumer products company that acquires and accelerates better-for-you brands, today announced the acquisition of Vitabox, an online seller of over 70,000 everyday essential products. This is the first acquisition for the company since launching in February of this year and is a pivotal addition to its emerging portfolio. The world-class team, marketplace
Society Brands, an Amazon aggregator built for and by founders, today announced its strategic acquisition of OmniiX, a leading Amazon brand management agency with a track record of growing brands at nearly 40% annually. OmniiX founders John W. Collins and Stormey Collins have joined the Society Brands executive leadership team as Chief Marketing Officer and Chief of Staff, respectively, charged
