• Amazon agrees to buy Roomba maker iRobot for $1.7bn

    2 days ago - By The Guardian

    Acquisition part of Amazon's bid to accelerate its growth beyond retail, but concerns raised about market power of Bezos firm Amazon announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7bn, scooping up another company to add to its collection of smart home appliances amid broader concerns about its market power. iRobot sells its products worldwide and is most famous for the circular-shaped Roomba vacuum, which is equipped to integrate with various smart home systems.
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  • Your Roomba is about to become an Amazon device

    Your Roomba is about to become an Amazon device

    2 days ago - By TechRadar

    Amazon will buy iRobot for $1.7 billion. The deal, which the companies announced on Friday morning, will make the popular Roomba line of robot vacuums part of the Amazon family and fast-track a deeper integration with Amazon's smart assistant Alexa and the company's smarthome ecosystem. Founded in 1990 by MIT roboticists Colin Angle and Helen Greiner, the company struggled for most of the 1990s, attempting to break into the toy game with an all-too-real and creepy robotic My Real Baby Doll. iRobot, however, struck gold when it moved away from anthropomorphic bots and into the utility robot...
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  • Amazon's iRobot Deal Would Give It Maps Inside Millions of Homes

    2 days ago - By Wired

    Why is the Roomba company worth $1.7 billion to Amazon? It's not the dust, it's the data.
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  • Daily Crunch: Amazon to acquire iRobot in $1.7B all-cash deal

    Daily Crunch: Amazon to acquire iRobot in $1.7B all-cash deal

    2 days ago - By TechCrunch

    To get a roundup of TechCrunch's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here .
    Happy Friday, y'all! Start your weekend off right with some delicious podcast morsels from Equity , Found and Chain Reaction. Also, time is ticking away on a $1,300 savings for TechCrunch Disrupt , so get on that before 11:59 p.m. PDT today. We hope you have a good weekend, see ya Monday! - Christine
    The TechCrunch Top 3
    Double “ring” ceremony : Amazon and iRobot's relationship went to the next level today when the pair announced they were getting hitched...
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