Menu

SMART HOME FEATURE NEWS

Amazon Adds to Smart Home Appliances Collection

By Greg Tavarez August 08, 2022

Amazon is continuing to add to its collection of smart home appliances. With voice assistant Alexa, the Astro Robot and Ring security cameras already in its collection, the tech giant announced it agreed to acquire iRobot for around $1.7 billion.

Why would Amazon acquire another household robot company if it already had the Astro Robot in its collection? After being unveiled for $1,000 last year, the Astro Robot can only be acquired by invitation. Amazon is likely wanting to reach out toward a bigger audience to connect more with consumer and homes, and iRobot products are more readily available in various retail stores.

iRobot, known for its innovative home robots, the Roomba robot vacuum and the Braava family of mopping robots, has 30 years of robotics expertise and innovation. The company has continued to innovate with every product generation, solving problems to help give customers valuable time back in their day.

“We know that saving time matters, and chores take precious time that can be better spent doing something that customers love,” said Dave Limp, senior vice president of Amazon Devices. Limp also praised the iRobot team for the ability to reinvent how people clean with products that are “incredibly practical and inventive.”

iRobot was already utilizing AWS the past few years to ensure its growth and address opportunities within its consumer business and the connected home. A new Roomba would connect to AWS IoT Core, a managed cloud service that enables billions of connected devices to interact easily and securely with cloud applications and other devices. iRobot’s backend IoT solution also uses AWS Lambda, Amazon API Gateway and Amazon DynamoDB.

“Amazon shares our passion for building thoughtful innovations that empower people to do more at home, and I cannot think of a better place for our team to continue our mission,” said Colin Angle, chairman and CEO of iRobot.

Amazon will acquire iRobot for $61 per share in an all-cash transaction. Completion of the transaction is subject to customary closing conditions, including approval by iRobot’s shareholders and regulatory approvals. On completion, Colin Angle will remain as CEO of iRobot.




Edited by Erik Linask
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

IoTevolutionworld Editor

SHARE THIS ARTICLE
Related Articles

Smart Home Solutions with Smarter Video Capabilities, Courtesy of Ayla Networks and Meari Technology

By: Alex Passett    3/7/2024

Ayla Networks and Meari Technology announced their strategic partnership to deliver innovative smart home video solutions.

Read More

Following Patent Litigation, Fractus to Continue Providing Impactful Antenna Technology for Smart Homes

By: Alex Passett    2/29/2024

Barcelona-based Fractus recently announced the settlement of its patent litigation with Vivint, a U.S. smart home security company.

Read More

Together, peaq and AYDO Bridge IoT to Web3 for Dynamic Smart Home Applications

By: Alex Passett    1/22/2024

Last week, the tech teams at peaq and AYDO announced an expansion of the former's Web3 ecosystem in order to enable real-world blockchain applications…

Read More

Origin AI Raises $15.9M in Funding to Further Smart Home Wi-Fi Sensing Capabilities

By: Alex Passett    1/10/2024

Recently, Origin celebrated a new leap when the company announced the successful completion of its latest $15.9 million Series B extension round (with…

Read More

Through Fog, a Clear Solution: Enviroblind and Essence Group Supply Peace of Mind with MyShield

By: Alex Passett    1/3/2024

Essence Group and Enviroblind have partnered to offer MyShield, a standalone security application that generates fog as part of an intruder interventi…

Read More