Amazon to Buy Roomba-Maker iRobot for About $1.7 Billion | T…

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Amazon will achieve iRobot in an all-cash deal for roughly $1.7 billion, the robotic vacuum cleaner maker mentioned on Friday. 

By Reuters | Updated: 5 August 2022 18:24 IST

Amazon will achieve iRobot in an all-cash deal for roughly $1.7 billion, the robotic vacuum cleaner maker mentioned on Friday. The international’s biggest on-line store will achieve the company for $61 (just about Rs. 4800) consistent with proportion, valuing the corporate at a top rate of twenty-two p.c from the inventory’s final ultimate value.

On final touch of the deal, Colin Angle will stay as the executive govt of iRobot.

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