Company News

Amazon To Acquire Roomba Parent Company iRobot

All-cash transaction valued at approximately $1.7 billion.

Author Image

By: Christine Esposito

Editor-in-Chief

Amazon has entered into a definitive merger agreement to acquire iRobot, maker of home cleaning devices like the Roomba robot vacuum, in a deal valued at approximately $1.7 billion. “We know that saving time matters, and chores take precious time that can be better spent doing something that customers love,” said Dave Limp, SVP of Amazon Devices. “Over many years, the iRobot team has proven its ability to reinvent how people clean with products that are incredibly practical ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters