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Amazon buys Roomba maker iRobot in $1.7B deal, its newest expansion into home devices
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Amazon has acquired iRobot for $1.7 billion in cash as the mega corporation looks to expand its offering of home devices.
iRobot is a robotics manufacturer with a specialty of house-keeping devices and domestic gadgets. The robotics company is best known for the Roomba — a small disc-shaped robot that can vacuum a home's floors independently.
The acquisition is pending approval from iRobot's shareholders.
"Over many years, the iRobot team has proven its ability to reinvent how people clean with products that are incredibly practical and inventive—from cleaning when and where customers want while avoiding common obstacles in the home, to automatically emptying the collection bin," said senior vice-president of Amazon Devices Dave Limp.
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