Amazon to Acquire Vacuum Cleaner Maker iRobot for $1.7 Billion

An iRobot Terra lawn mower is shown in Bedford, Mass., on Jan. 16, 2019. Amazon on Friday announced an agreement to acquire iRobot for approximately $1.7 billion. iRobot sells its robots worldwide and is most famous for the circular-shaped Roomba vacuum. (Elise Amendola/AP)

Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns about its market power.

iRobot sells its products worldwide and is most famous for the circular-shaped Roomba vacuum, which would join voice assistant Alexa, the Astro robot and Ring security cameras and others in the list of smart home features offered by the Seattle-based e-commerce and tech giant.