Tech »  Topic »  Amazon to Acquire Roomba-Maker iRobot for $1.7 Billion

Amazon to Acquire Roomba-Maker iRobot for $1.7 Billion

Amazon has entered into a definitive merger agreement under which it will acquire Roomba-maker iRobot for approximately $1.7 billion.

“We know that saving time matters, and chores take precious time that can be better spent doing something that customers love,” said Dave Limp, SVP of Amazon Devices. “Over many years, the iRobot team has proven its ability to reinvent how people clean with products that are incredibly practical and inventive—from cleaning when and where customers want while avoiding common obstacles in the home, to automatically emptying the collection bin. 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.”

“Since we started iRobot, our team has been on a mission to create innovative, practical products that make customers’ lives easier, leading to inventions like the Roomba and iRobot OS,” said Colin Angle ...

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