Amazon is acquiring iRobot for $1.7B

Amazon has announced that it’s acquiring iRobot for approximately $1.7 billion.

iRobot is most well known for its robot vacuums but has also been expanding into other product categories, including air purifiers and handheld vacuums.

Dave Limp, SVP of Amazon Devices, said:

“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...