"Alexa, please tell the Roomba to stop scaring the cat."
Amazon will pay $61 per share, valuing iRobot at a premium of 22% to the stock's last closing price of $49.99.
Amazon is buying iRobot Corp., best known as the maker of Roomba robot vacuums, for $1.7B in cash.
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 the company’s 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 in the list of smart home features offered by the Seattle-based e-commerce...
Amazon has signed a deal with iRobot, maker of Roomba robot vacuum cleaners, to acquire the company for $1.7 billion. The online commerce giant announced the agreement on Friday, saying it will buy iRobot in an all-cash transaction for $61 per share. “Over many years, the iRobot team has proven its ability to reinvent how people clean […]
(CNN) — Amazon has agreed to buy iRobot, the maker of the popular Roomba vacuum, in an all-cash deal valued at about $1.7 billion, including debt, the two companies announced Friday. The deal, which is pending approval from shareholders and regulators, has the potential to expand Amazon’s robotics lineup and deepen its presence in consumers’ […]
Amazon announced on Friday (5) the acquisition of iRobot , maker of robot vacuums Roomba, for US$ 1.7 billion. The deal adds one of the best-known lines in the category to the e-commerce giant’s connected home portfolio, in a transaction that hasn’t had many details released to the public. Amazon opted for a cash payment of $61 per share of […]
"Not content with just spying on your online purchases, way too big leftist megacorp Amazon (founded by Jeff Bezos, who still owns the DC ComPost sleezepaper, which murders our Republic daily no matter the lighting or weather) today dropped iRobot into it’s cart. The move adds to Amazon’s holdings of 40 subsidiaries and counting. Among the companies they already use to spy on and control you are: Amazon itself (duh), FreeVee streamer"
On Friday, iRobot accepted Amazon's $1.7 billion offer to purchase the robot vacuum company. If the deal goes through, pending shareholder and regulatory approval, the technology giant will receive a plethora of personal data, including the floor plans of millions of users' homes.In 2021, iRobot reported that over 40 million Roombas had been sold worldwide since the release of its first model in 2002. The small automated vacuum uses sensors to map out each room in a home. If the Federal Trade...
Amazon and iRobot have entered into a “definitive merger agreement” under which Amazon will acquire iRobot. iRobot is the well known maker of innovative cleaning products for the home, including the Roomba vacuum cleaning robot. iRobot says it has continued to innovate with every product generation, solving hard problems to help give customers valuable time […]
Amazon has this week announced it is acquiring robot vacuum maker iRobot and the pair have entered into a “definitive merger agreement”. Amazon will acquire iRobot for $61 per share in an all-cash transaction valued at approximately $1.7 billion, including iRobot’s net debt. Completion of the transaction is subject to customary closing conditions, including approval […]
Amazon reached an agreement on Friday with iRobot, the makers of the Roomba, to acquire the firm for $1.7 billion. This broadens its portfolio of home technology, but could attract the attention of regulators according to Cristina Criddle, James Fontanella-Khan and Antoine Gara in the Financial Times. In the all-cash deal, Amazon said it will […]