iRobot buys Robopolis to expand in Europe

 

iRobot, the US company which makes consumer robots such as the Roomba robotic vacuum cleaner range, has closed the previously announced acquisition of Robopolis, a French company.

The preliminary purchase price of $141 million is subject to normal purchase price adjustments and is expected to be finalized no later than the first quarter of 2018.

Europe is a key strategic region for iRobot and provides “an excellent opportunity for further growth”, says the company.  Continue reading iRobot buys Robopolis to expand in Europe