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Benzinga
Benzinga
Entertainment
AJ Fabino

Amazon Is Buying iRobot. How Does It Rank Against The E-commerce Giant's Other Big Acquisitions?

Amazon iRobot Nasdaq Twitch e-commerce One Medical Whole Foods Market Zappos Amazon Robotics Ring

The company most known for its Roomba robot vacuum, iRobot Corporation (NASDAQ:IRBT), will be acquired by Amazon.com, Inc (NASDAQ:AMZN) for $1.7 billion as the largest e-commerce corporation in the world expands its selection of personal and home electronics items.

Amazon announced that it will pay iRobot stockholders $61 per share in an all-cash transaction that includes iRobot's net debt, representing a 22% premium over the company's Thursday closing price. On Friday, iRobot stock opened at $59.72.

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