Amazon to buy vacuum maker iRobot for roughly $1.7B

Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns from anti-monopoly and privacy advocates about Amazon’s market power and ability to gain deeper insights into consumers’ lives.

Advertisements

Read More

Previous post Putin hosts Erdogan for talks on trade, Ukraine, Syria
Next post U.S. economy added 528K jobs in July, shattering expectations