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Business deals

Amazon to buy Roomba maker for $1.7bn as it grows smart home basket

Robot vacuums collect spatial data on households that could prove valuable

Amazon will pay $61 per share, valuing the Roomba-maker at a premium of 22% from the stock's last closing price.   © Reuters

(Reuters) -- Amazon.com will acquire the maker of robot vacuum cleaner iRobot Corp. in an all-cash deal for about $1.7 billion, in the latest push by the world's largest online retailer to expand its cart of smart home devices.

Amazon will pay $61 per share, valuing the Roomba-maker at a premium of 22% from the stock's last closing price of $49.99.

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