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Irobot

Alexa! Start my Roomba: Amazon buys robot vacuum maker for $1.7 billion

By News Team // August 9, 2022 // Acquisitions // 5 min read

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