Amazon buys Roomba maker for $1.7 billion

Amazon buys Roomba maker for $1.7 billion

2 years ago
Anonymous $33nAR-2OaA

https://arstechnica.com/gadgets/2022/08/amazon-buys-roomba-maker-for-1-7-billion/

Amazon just announced a blockbuster deal to buy the home robotics company iRobot for $1.7 billion. This is Amazon's fourth-largest acquisition ever, after the purchase of grocery chain Whole Foods in 2017 ($13.7 billion), the movie studio MGM in 2021 ($8.45 billion), and the medical provider One Medical last month ($3.9 billion).

iRobot is the world's leading consumer robotics company. The company mostly makes Roomba vacuum cleaners and robo-mops, and it's also trying to get a robo-mower product off the ground.