Amazon to Buy Roomba-Maker IRobot for $1.65 Billion – Bloomberg
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Photographer: Francois Guillot/AFP/Getty Images
Amazon.com Inc. said it would buy IRobot Corp., maker of the Roomba vacuum, for $1.65 billion as the e-commerce giant continues its push into internet-connected home devices and robotics.
Amazon will pay $61 a share in cash for the Bedford, Massachusetts-based company, according to a statement on Friday. The offer, valued at $1.7 billion including debt, represents a premium of 22% based on iRobot’s last closing price before the announcement. Colin Angle will remain as chief executive officer of IRobot.
via Inferse.com https://www.inferse.com
August 5, 2022 at 10:30AM