Amazon is buying iRobot for $1.7B

  • The home robotics firm, best known for pioneering the robotic vacuum, was founded in 1990 by MIT Artificial Intelligence Lab members Colin Angle, Rodney Brooks and Helen Greiner. Twelve years after its founding, the company introduced the Roomba, a brand that has since become synonymous with the category, selling more than 30 million units as of 2020.
  • With its acquisition of iRobot, Amazon is no doubt hoping it can do for the home what it’s succeeded in accomplishing with industrial robotics.

[Via]

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