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Amazon to buy the company behind the Roomba in a $1.7 billion deal

Amazon to buy the company behind the Roomba in a $1.7 billion deal

CNN
Friday, August 05, 2022 01:52:15 PM UTC

Amazon has agreed to buy iRobot, the maker of the popular Roomba vacuum, in an all-cash deal valued at about $1.7 billion, including debt, the two companies announced Friday.

The deal, which is pending approval from shareholders and regulators, has the potential to expand Amazon's robotics lineup and deepen its presence in consumers' homes. Last year, Amazon introduced a home robot called Astro. The $999 20-pound dog-like robot zooms from room to room, capturing live video and learning your habits.

"Over many years, the iRobot team has proven its ability to reinvent how people clean with products that are incredibly practical and inventive," said Dave Limp, SVP of Amazon Devices. "I'm excited to work with the iRobot team to invent in ways that make customers' lives easier and more enjoyable."

Read full story on CNN
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