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Amazon to buy vacuum maker iRobot for roughly $1.7B


A Roomba 980 vacuum cleaning robot is presented during a presentation in Tokyo, Tuesday, Sept. 29, 2015. Amazon on Friday, Aug. 5, 2022, announced it has entered into an agreement to acquire the vacuum cleaner maker iRobot for approximately $1.66 billion. The company sells its robots worldwide and is most famous for the circular-shaped Roomba vacuum. Credit: AP Photo/Eugene Hoshiko

Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns about its market power.

iRobot sells its products worldwide and is most famous for the circular-shaped Roomba vacuum, which would join voice assistant Alexa, the Astro robot and Ring security cameras and others in the list of smart home features offered by the Seattle-based e-commerce and tech giant.

The move is part of ...


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