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Paul Stenhouse: Amazon's spending spree continues with iRobot

Author
Newstalk ZB,
Publish Date
Sat, 6 Aug 2022, 1:20PM
(Photo \ Getty Images)
(Photo \ Getty Images)

Paul Stenhouse: Amazon's spending spree continues with iRobot

Author
Newstalk ZB,
Publish Date
Sat, 6 Aug 2022, 1:20PM

Amazon's spending spree continues - now purchasing iRobot. 

They've spent $1.3 billion (in cash) to purchase the company who makes the Roomba vacuum cleaner. The company will be folded into the Amazon devices group. 

When the markets are down from historic highs, even paying a 22% premium means you are still kind of getting a bargain.   

Analysts say they've purchased the Roomba for 'context' - they want to know as much about us, and our homes as possible. It's valuable data. Your vaccum cleaner knows the layout of your house, when it changes, and using its front-facing object-detecting camera what the furniture items are. Did you just buy a crib, well, your vacuum cleaner might know that. 
 

You may be waiting longer for the next version of iPadOS 

iOS and iPadOS typically launch at the same time in September, but Bloomberg is reporting this year the iPadOS version may be delayed. They'll still launch the iOS version in September, but are having troubles getting the new Stage Manager feature right. That will allow you to have clusters of applications, more like a Mac or PC desktop interface. 

 
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