Amazon plan to buy Roomba is in part a bet that Facebook lawyers will clean up their mess.
Amazon, the world’s largest tech company by annual revenue, is seriously pushing back against the notion that there is too much heat in Washington for tech giants to undertake significant acquisitions. Its plan to acquire iRobot, maker of the Roomba robot vacuum, for $1.7 billion in cash that was announced Friday morning comes just two weeks after the company announced a $3.9 billion deal to buy primary healthcare provider One Medical. And that came just four months after Amazon closed its $8.5 billion buyout of Hollywood studio MGM, which the Federal Trade Commission said at the time it could still challenge.
Amazon’s Roomba Deal Has Shades of Fitbit Source link Amazon’s Roomba Deal Has Shades of Fitbit