Stock News

Amazon to acquire maker of Roomba vacuums for roughly $1.7 billion

0

In this article

IRBT

AMZN

A vacuuming Roomba model robot is displayed at iRobot headquarters in Bedford, Massachusetts
Scott Eells | Bloomberg | Getty Images

Amazon is acquiring iRobot for $61 a share, an all-cash deal that values the Roomba maker at $1.7 billion, the companies announced Friday.

Shares of iRobot were halted after the deal was announced. Amazon’s stock was up about 0.2% in premarket trading.

This is breaking news. Please check back for updates.

Blackstone is preparing a record $50 billion vehicle to scoop up real estate bargains during the downturn — here’s how to lock in higher yields than the big money

Previous article

5 things to know before the stock market opens Friday

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Stock News