Amazon to Acquire Roomba-Maker iRobot for About $1.7 Billion

Amazon will acquire the maker of robot vacuum cleaner iRobot in an all-cash deal for about $1.7 billion (roughly Rs. 13,500), in the latest push by the world’s largest online retailer to add to its cart of smart home devices. The e-commerce company will pay $61 (roughly Rs. 4,800) per share, valuing iRobot at a premium of 22 … Read more