Amazon to acquire maker of Roomba vacuum for roughly $1.7 billion

Roboticists from the Massachusetts Institute of Technology started iRobot in 1990. The company is best known for making the Roomba, a robot vacuum that can clean floors on its own. Amazon is buying iRobot for $61 per share. This is an all-cash deal, which means that the company that makes Roombas is worth $1.7 billion. …

Amazon to acquire maker of Roomba vacuum for roughly $1.7 billion Read More ยป