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Amazon is buying Roomba vacuum maker iRobot for $1.7 billion

NPR TechnologyAug-5-2022, 16:59:04 GMT

An iRobot Terra lawn mower is shown in Bedford, Mass., on Jan. 16, 2019. Amazon on Friday announced an agreement to acquire iRobot for approximately $1.7 billion. An iRobot Terra lawn mower is shown in Bedford, Mass., on Jan. 16, 2019. Amazon on Friday announced an agreement to acquire iRobot for approximately $1.7 billion. NEW YORK -- Amazon on Friday announced it has 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.

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NPR Technology

Country:

North America > United States > New York (0.25)
North America > United States > Massachusetts (0.05)

Genre: Financial News (1.00)

Industry:

Information Technology (1.00)
Law > Business Law > Antitrust Law (0.31)
Government > Regional Government > North America Government > United States Government (0.31)

Technology: Information Technology > Artificial Intelligence > Robots > Robots in the Home (1.00)

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