Amazon to buy vacuum maker iRobot for roughly $1.7B

Sat, 2022-08-06 02:33

NEW YORK: Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns from anti-monopoly and privacy advocates about Amazon’s market power and ability to gain deeper insights into consumers’ lives.

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