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Amazon to Acquire Roomba Robot Vacuum Creator iRobot for $1.7 Billion

Amazon has entered into a definitive merger to acquire iRobot, the creator of Roomba robot vacuums, in an all-cash transaction valued at $1.7 billion, the companies announced Friday.
“We know that saving time matters, and chores take precious time that can be better spent doing something that customers love,” said Dave Limp, SVP of Amazon Devices, in a statement.
Amazon did not outline its plans for the company instead focusing on the two companies’ shared values of innovation and inventiveness.
Since iRobot first unveiled its Roomba robot vacuum 20 years ago the company has sold 30 million robots worldwide. The company says that it builds products to help customers make their homes “easier to maintain and healthier places to live.”…

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