Amazon is making another acquisition to shake up the smart home industry and further expand its presence inside your home. The company announced on Friday that it is dropping $1.7 billion to acquire iRobot, the makers of the Roomba robot vacuums . Amazon and iRobot announced the deal on Friday in a press release; it's an all cash deal that breaks down to $61 per share for iRobot. The deal is, of course, subject to approval from regulators and iRobot shareholders. There are no details on when Amazon and iRobot expect the deal to be formally completed. In the announcement, Dave Limp, the senior vice president of Amazon Devices, said that Amazon will work with iRobot to "invent in ways that make customers' lives easier and more enjoyable." "We know that saving time matters, and chores take precious time that can be better spent doing something that customers love. Over many years, the iRobot team has proven its ability to reinvent how people clean with products that are incredibly practical and inventive—from cleaning when and where customers want while avoiding common obstacles in the home, to automatically emptying the collection bin. Customers love iRobot products—and I'm excited to work with… Read full this story
- Best Siri Shortcut-Supported Smart Home Gadgets in 2021
- Apple may be working to take on these smart home gadgets from Amazon and Facebook
- Here's how Amazon will convert your place into a smart home
- RS Recommends: Roombas Rarely Go On Sale but Its Newest Robot Vacuum is Now $300 Off
- The 10 Best Amazon Echo Accessories — From a $20 Security Camera to a $350 Robot Vacuum
- The Best Soundbars for Your Home Theater
- These Smart Robot Vacuums Use Advanced Sensors To Map Your Room and Clean Better
- The new Roomba i3 is the most affordable self-emptying vacuum from iRobot
- Ditch the wire: Unlock wireless surround sound with Amazon Echo speakers
- Microsoft to buy Nuance Communications for $19.7 billion
Amazon acquiring Roomba makers for $1.7 billion in latest smart home push have 315 words, post on 9to5mac.com at August 5, 2022. This is cached page on Drudgereport. If you want remove this page, please contact us.