TEK2day

Operating at the Intersection of Technology and the Capital Markets

    Tag: iRobot

    • Amazon Ups Its M&A Effort

      Amazon (ticker: AMZN), has become more aggressive on the M&A front under new CEO Andy Jassy. We have seen this across the Entertainment, Health and Robotics sectors – each highly strategic in our view. Entertainment: Amazon recently closed its acquisition of MGM for $8.5 billion. The MGM acquisition onboards the James Bond franchise – a…

    • Amazon’s iRobot Acquisition

      We wrote about Amazon’s (AMZN), project Vesta in 2019 (click HERE). Along those lines, Amazon recently announced that it plans to acquire iRobot (IRBT), a deal which will accelerate Amazon’s Vesta strategy, which is essentially to gather information about the home via an autonomous robot (good news for the staff at Amazon Robotics). The folks…