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
- Industry
- Consumer Products
- Location
- United States
- Transaction Type
- Buyout
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