Amazon Buys Roomba iRobot for $1.7 billion

August 6, 2022

Yesterday, Amazon 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 its market power. iRobot is most known for its popular circular-shaped Roomba vacuum, which would join voice assistant Alexa, the Astro robot and Ring security cameras, and others in the list of smart home features offered by Amazon.

Source: NPR

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