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Amazon buys vacuum cleaner maker Roomba for about $1.7 billion


A model robot Roomba vacuums on display at iRobot headquarters in Bedford, Massachusetts

Scott Eells | Bloomberg | beautiful pictures

Amazon buying back I’m a robot at $61 a share, an all-cash transaction that values ​​maker Roomba at $1.7 billion, the companies announced Friday.

iRobot, founded in 1990 by Massachusetts Institute of Technology roboticists, is best known for making Roomba, a robot vacuum that can automatically clean consumer floors.

Shares of iRobot were halted after the deal was announced. Shares of Amazon were up about 0.2% in pre-market trading.

This is breaking news. Please check back for updates.



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