Amazon to acquire Roomba maker iRobot for $1.7B

Amazon is set to make another major acquisition.

The Seattle tech giant said Friday it will scoop up iRobot, the Boston-area company known for its Roomba vacuum, in a $1.7 billion deal.

The news comes just two weeks after Amazon announced it will acquire primary care company One Medical for $3.9 billion.

This would be Amazon’s fourth-largest acquisition ever, behind its $13.7 billion purchase of Whole Foods, the $8.45 billion deal to buy MGM, and the One Medical acquisition.

The iRobot deal signals Amazon’s large appetite for acquisitions amid the economic downturn and despite increasing U.S. antitrust scrutiny.

*Source: https://www.geekwire.com/2022/amazon-to-acquire-roomba-maker-irobot-for-1-7-billion/