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Amazon to Buy Roomba-Maker IRobot for $1.65 Billion

  • Amazon’s own connected home robot Astro hasn’t taken off yet
  • Amazon is pushing into internet-connected home devices
Roomba vacuum

Roomba vacuum

Photographer: Francois Guillot/AFP/Getty Images

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Amazon.com Inc. said it would buy IRobot Corp., maker of the Roomba vacuum, for $1.65 billion as the e-commerce giant continues its push into internet-connected home devices and robotics. 

Amazon will pay $61 a share in cash for the Bedford, Massachusetts-based company, according to a statement on Friday. The offer, valued at $1.7 billion including debt, represents a premium of 22% based on iRobot’s last closing price before the announcement. Colin Angle will remain as chief executive officer of IRobot.