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Acquisition

iRobot acquires Evolution Robotics

iRobot acquired Evolution Robotics (announced Sept 17, 2012; ~$74M) - maker of the Mint floor-cleaning robots and Northstar localization - expanding into hard-floor cleaning; Mint was rebranded iRobot Braava.

full acquisition · Completed · $74.0M (reported, approximate) · verified


Machine-readable surfaces

2218edc8-bb93-4dad-914b-b1871059a7a9

Parties

Acquirer
iRobot
Acquired
Evolution Robotics

Timeline

Announced
2012-09-17

Sources (1)

  1. https://investor.irobot.com/news-releases/news-release-details/irobot-acquires-evolution-robotics-inc

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