Amazon Buying Roomba Maker iRobot for $1.7 Billion

by | Aug 5, 2022 | Business

Amazon.com is buying Roomba maker iRobot for $1.7 billion, giving the online retailer another connected-home product that deepens its ties to consumers’ homes.Amazon agreed to pay $61 a share for iRobot in an all-cash deal. The price, which includes a small amount of debt, represents a 22% premium to iRobot’s closing price of $49.99 on Thursday.

Article Attribution | Read More at Article Source

Share This