Category: Acquisitions

Amazon acquired iRobot for $1.7B

iRobot is best known for their robotic vacuums, which were invented twelve years after the company was formed at the MIT AI Lab by four members: Colin Angle, Rodney Brooks, and Helen Greiner. Amazon recently acquired the home robotics company for $1.7 billion in cash. After the merger, Angle will remain as CEO of the […]