Amazon to Acquire iRobot for $1.7 Billion in Cash

August 5, 2022

Amazon has entered into a definitive merger agreement to acquire iRobot for $61 per share in an all-cash deal valued at about $1.7 billion, including iRobot’s net debt. The transaction is subject to customary closing conditions, including iRobot shareholder approval and regulatory approvals, and iRobot CEO Colin Angle is expected to remain in role post-closing.

Buyers
Amazon
Targets
iRobot
Location
United States
Transaction Type
Buyout

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