• Amazon sucks up Roomba for $1.7 billion

    14 days ago - By Beta News

    There are plenty of robot vacuum cleaners available to buy these days, but the best-known brand remains Roomba. I was lucky enough to test and review the first generation model Roomba vacuum cleaner in 2002 and I've been a big fan ever since. Today, retail giant Amazon announces that it has entered into a definitive merger agreement to acquire Roomba creator iRobot. What will this mean for fans of its products? "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. "Over...
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  • Amazon buys Roomba maker for $1.7 billion

    Amazon buys Roomba maker for $1.7 billion

    14 days ago - By Ars Technica

    Enlarge / iRobot's Roomba j7+ robot vacuum.
    Amazon just announced a blockbuster deal to buy the home robotics company iRobot for $1.7 billion. This is Amazon's fourth-largest acquisition ever, after the purchase of grocery chain Whole Foods in 2017 , the movie studio MGM in 2021 , and the medical provider One Medical last month .
    iRobot is the world's leading consumer robotics company. The company mostly makes Roomba vacuum cleaners and robo-mops, and it's also trying to get a robo-mower product off the ground.
    Amazon is no stranger to robots; it has an entire "Amazon Robotics" division...
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  • Amazon acquiring Roomba makers for $1.7 billion in latest smart home push

    Amazon acquiring Roomba makers for $1.7 billion in latest smart home push

    14 days ago - By 9to5Mac

    Amazon is making another acquisition to shake up the smart home industry and further expand its presence inside your home. The company announced on Friday that it is dropping $1.7 billion to acquire iRobot, the makers of the .
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  • Amazon Is Acquiring iRobot For $1.7 Billion

    Amazon Is Acquiring iRobot For $1.7 Billion

    14 days ago - By Android Headlines

    Today, iRobot announced that they have entered into a definitive merger agreement with Amazon, where it will acquire iRobot.
    Amazon is going to be paying $61 per share for iRobot, or about $1.7 billion. That's about a 20% premium on where iRobot's stock price closed on Thursday.
    “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. “Over many years, the iRobot team has proven its ability to reinvent how people clean with products that are incredibly practical and inventive-from...
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