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 […]

Amazon to acquire mesh WiFi system provider eero

Amazon to acquire mesh WiFi system provider eero

Amazon acquisition of eero : E-commerce giant Amazon has agreed to acquire mesh WiFi system provider eero for an undisclosed price. Eero replaces the traditional router and blankets the whole home in fast, reliable WiFi by using the concept of mesh networking. Through this concept, an eero mesh wifi system eliminates coverage issues and dead […]