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Tags: amazon | irobot | roomba deal

Amazon to Buy Roomba-maker iRobot for $1.7 Billion

Amazon to Buy Roomba-maker iRobot for $1.7 Billion
(AP)

Friday, 05 August 2022 08:34 AM EDT

Amazon.com Inc. will acquire iRobot in an all-cash deal for about $1.7 billion, the robot vacuum cleaner maker said Friday.

The world's largest online retailer will acquire the firm for $61 per share, valuing the company at a premium of 22% from the stock's last closing price.

On completion of the deal, Colin Angle will remain as the chief executive of iRobot.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
Amazon.com Inc. will acquire iRobot in an all-cash deal for about $1.7 billion, the robot vacuum cleaner maker said Friday.
amazon, irobot, roomba deal
62
2022-34-05
Friday, 05 August 2022 08:34 AM
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