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Amazon to expand offering with iRobot acquisition

The all-cash transaction is valued at approximately $1.7bn (ยฃ1.4bn), including iRobotโ€™s net debt. On completion, Colin Angle will also remain as CEO of iRobot

Amazon has revealed its intention to acquire the consumer robot company, iRobot, after the two companies have reportedly entered into a definitive merger agreement.ย 

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