Amazon has announced that it intends to purchase iRobot — maker of Roomba robot vacuums — for $1.7 billion.
Hot on the heels of its acquisition of a health care company, Amazon has announced its intention to purchase iRobot in an all-cash deal worth $1.7 billion. Amazon will pay $67 per share for the maker of the popular Roomba robot vacuums.
“We know that saving time matters, and chores take precious time that can be better spent doing something that customers love,” Dave Limp, SVP of Amazon Devices, said in a press release. “Over many years, the iRobot team has proven its ability to reinvent how people clean with products that are incredibly practical and inventive—from cleaning when and where customers want while avoiding common obstacles in the home, to automatically emptying the collection bin.
The deal is the latest high-profile acquisition for Amazon, which scooped up primary health care organization One Medical in a $3.9 billion deal in July. It also is in the process of closing on film studio MGM in an $8.45 billion deal, and purchased consumer router company Eero for $97 million in February 2019. Before that, it gobbled up Ring in 2018 for $839 million, and Whole Foods in 2017 for nearly $14 billion.
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