Amazon Announces $1.7 Billion , Acquisition of iRobot.
On August 5, Amazon revealed
a $1.7 billion all-cash deal to
purchase Roomba maker iRobot.
On August 5, Amazon revealed
a $1.7 billion all-cash deal to
purchase Roomba maker iRobot.
NBC reports that the deal
will strengthen Amazon’s presence
in the consumer robotics market. .
Last year, Amazon unveiled the Astro home robot which comes equipped with Alexa and has the ability to follow consumers around their homes.
Last year, Amazon unveiled the Astro home robot which comes equipped with Alexa and has the ability to follow consumers around their homes.
In 2018, the company acquired Ring,
adding connected doorbells to an array
of Amazon smart home devices.
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, Dave Limp, Amazon’s hardware devices chief, via NBC.
The acquisition of iRobot
is Amazon's fourth-largest deal.
In 2017, Amazon purchased
Whole Foods for $13.7 billion. .
In 2021, Amazon acquired
film studio MGM for $8.45 billion.
Last month, the company announced
its $3.9 billion acquisition of boutique
primary-care provider One Medical.
NBC reports that the purchase
of iRobot still needs to be approved
by regulators and iRobot shareholders