Amazon has signed an agreement to acquire iRobot, makers of Roomba robot vacuums for $1.7 billion, or $61 per share in an all-cash transaction.
Amazon has yet to reveal how iRobot will be incorporated into the business, however there are obvious synergies with its other smart home products.
The combination of Roomba, Alexa, Ring doorbells, and Amazon's other smart home products in a modern smart home, will provide the company with incredible amounts of data.
It will however inevitably raise greater concerns about privacy, and Amazon’s control over the smart home market.
iRobot has been creating robot vacuums since 2002, and has sold millions of its popular Roomba models.
