SHOCK: $AMZN to buy $IRBT for $1.7 billion. Is SkyNet here? via /r/wallstreetbets #stocks #wallstreetbets #investing


SHOCK: $AMZN to buy $IRBT for $1.7 billion. Is SkyNet here?

https://techcrunch.com/2022/08/05/amazon-is-buying-irobot-for-1-7b/

Amazon this morning announced plans to acquire iRobot for an all-cash deal valued at $1.7 billion. The home robotics firm, best known for pioneering the robotic vacuum, was founded in 1990 by  MIT Artificial Intelligence Lab members Colin Angle, Rodney Brooks and Helen Greiner. Twelve years after its founding, the company introduced the Roomba, a brand that has since become synonymous with the branding, selling more than 30 million units as of 2020.

Submitted August 05, 2022 at 03:44PM by ReviewEquivalent1266
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