Amazon buys Roomba-Maker iRobot for about $1.7 billion | Technology News

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Amazon will acquire iRobot in cash for about $1.7 billion, the robot vacuum maker said Friday.

By Reuters | Updated: August 5, 2022 6:24 PM IST

Amazon will acquire iRobot in cash for about $1.7 billion, the robot vacuum maker said Friday. The world’s largest online retailer will acquire the company for $61 (nearly Rs. 4,800) per share, valuing the company at a 22 percent premium over the stock’s last closing price.

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Colin Angle will remain the CEO of iRobot after the deal closes.

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