(Reuters) -Amazon.com Inc will acquire iRobot in an all-cash deal for about $1.7 billion, the robot vacuum cleaner maker said on Friday.
The world’s largest online retailer will acquire the firm for $61 per share, valuing the company at a premium of 22% from the stock’s last closing price.
On completion of the deal, Colin Angle will remain as the chief executive of iRobot.
(Reporting by Akash Sriram in Bengaluru; Editing by Arun Koyyur)
