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Amazon to Acquire Roomba-Maker iRobot for About $1.7 Billion

Amazon to Acquire Roomba-Maker iRobot for About $1.7 Billion

Amazon will acquire iRobot, the maker of popular vacuum cleaners, about $1.7 billion (roughly Rs. 13,500) as part of the company’s attempts to bolster its smart phone devices. Roomba vacuums that cost as much as $1,000 (roughly Rs. 79,500) collect spatial data on households that could prove valuable to companies developing so-called smart home technology.

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