Amazon signs $1.7bn deal to acquire consumer robot company iRobot

Amazon signs $1.7bn deal to acquire consumer robot company iRobot

E-commerce giant Amazon has signed an all-cash deal worth around $1.7 billion to acquire NASDAQ-listed consumer robot company iRobot. As per the terms of the deal, Amazon is offering to buy iRobot’s shares for $61 per share. The consideration includes the net debt of iRobot, which is engaged in designing and developing thoughtful robots as […]