The American competition watchdog FTC has launched an investigation into the acquisition of robot maker iRobot by tech giant Amazon.By our tech editors
The companies announced in a joint statement in early August that Amazon is acquiring iRobot for $1.7 billion7 billion euros). Amazon will pay a price of $61 per iRobot share for the acquisition.
The FTC will, among other things, look at whether the acquisition may harm competition. It is also being investigated whether Amazon’s market share will be illegally increased by the acquisition.
iRobot became known to the general public in 2002 thanks to the household robot Roomba. The round vacuum cleaner that sucks the floor without human intervention sold one million units two years after its introduction.
Since then, iRobot has sold more than 30 million household robots. The company not only released several vacuum cleaners, but also, for example, mopping robots.
What future plans Amazon has with iRobot has not yet been announced. The company also makes robots itself. Best known are the robot carts that sort parcels in the company’s huge depots.