Amazon acquires Roomba-maker iRobot in $1.7 billion deal

Amazon acquires Roomba-maker iRobot in $1.7 billion deal

Amazon devices are listening, watching and will soon be cleaning up after you. The deal announced Friday also is a continuation of Amazon’s business strategy to expand market share in different product categories through acquisitions. It snapped up Ring, which makes video doorbells and other smart-home technology, in February 2018, and before that Blink, which makes connected cameras and doorbells for the home. It also stunned the grocery industry in 2017 when it announced the purchase of Whole Foods Market, a deal valued at $13.7 billion. (Amazon founder Jeff Bezos owns The Washington Post.) The move comes just two weeks after Amazon announced it would buy the primary care provider One Medical for $3.9 billion as part of a major expansion of the tech company’s health-care ambitions. The tie-up, one …
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