They are diversifying their co

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Fred Peh
2022-08-05

They are diversifying their core business to others. Good move indeed.

Amazon to Buy Roomba-Maker IRobot for About $1.7 Billion

Amazon.comInc. is buying Roomba maker iRobotCorp. for $1.7 billion, including debt, as the online re

Amazon to Buy Roomba-Maker IRobot for About $1.7 Billion

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Ragz
·2022-08-05
Smart move
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GANCL
·2022-08-06
Yes
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gni
·2022-08-05
[Like]
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Good move indeed.</p></body></html>","htmlText":"<html><head></head><body><p>They are diversifying their core business to others. Good move indeed.</p></body></html>","text":"They are diversifying their core business to others. Good move indeed.","highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9902230046","repostId":2257985881,"repostType":4,"repost":{"id":"2257985881","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1659701562,"share":"https://www.laohu8.com/m/news/2257985881?lang=&edition=full","pubTime":"2022-08-05 20:12","market":"us","language":"en","title":"Amazon to Buy Roomba-Maker IRobot for About $1.7 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2257985881","media":"Reuters","summary":"Amazon.comInc. is buying Roomba maker iRobotCorp. for $1.7 billion, including debt, as the online re","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.comInc.</a> is buying Roomba maker <a href=\"https://laohu8.com/S/IRBT\">iRobotCorp.</a> for $1.7 billion, including debt, as the online retailer adds another connected-home product to its portfolio.</p><p>Amazon on Friday said it is paying $61 a share for iRobot in an all-cash deal.</p><p>The price represents a 22% premium to iRobot’s closing price of $49.99 on Thursday.</p><p>iRobot Chief Executive Colin Angle will remain in his position upon completion of the acquisition, which requires approval from shareholders.</p><p>iRobot shares rose 19.3% in premarket trading, while Amazon shares fell 0.8%.</p><p>iRobot introduced its Roomba vacuum in 2002. 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The wireless, smart-vacuum learns and maps spaces to clean dust and messes.</p><p>Roomba would join other Amazon-owned products like the Alexa virtual assistant speaker and Ring video doorbell that together give the retailer more ways to power smart homes.</p><p>Roomba was recently a featured product in Amazon’s Prime Day event for the eighth consecutive year.</p><p>iRobot would be the fourth-largest acquisition by Amazon, ranking behind the 2017 acquisition of Whole Foods for $13.7 billion, an $8.5 billion purchase of movie studio MGM in March and last month’s agreement to buy 1Life Healthcare for $3.9 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IRBT":"iRobot Corp.","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2257985881","content_text":"Amazon.comInc. is buying Roomba maker iRobotCorp. for $1.7 billion, including debt, as the online retailer adds another connected-home product to its portfolio.Amazon on Friday said it is paying $61 a share for iRobot in an all-cash deal.The price represents a 22% premium to iRobot’s closing price of $49.99 on Thursday.iRobot Chief Executive Colin Angle will remain in his position upon completion of the acquisition, which requires approval from shareholders.iRobot shares rose 19.3% in premarket trading, while Amazon shares fell 0.8%.iRobot introduced its Roomba vacuum in 2002. 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