August 8, 2022

News and Update

Amazon buys vacuum cleaner maker Roomba for about $1.7 billion

A mannequin robotic Roomba vacuums on show at iRobot headquarters in Bedford, Massachusetts

Scott Eells | Bloomberg | stunning photos

Amazon shopping for again I’m a robotic at $61 a share, an all-cash transaction that values ​​maker Roomba at $1.7 billion, the businesses introduced Friday.

iRobot, based in 1990 by Massachusetts Institute of Know-how roboticists, is finest recognized for making Roomba, a robotic vacuum that may mechanically clear shopper flooring.

Shares of iRobot have been halted after the deal was introduced. Shares of Amazon have been up about 0.2% in pre-market buying and selling.

That is breaking information. Please test again for updates.

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