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Announced

iRobot to acquire Aeris Cleantec.

Synopsis

iRobot, a consumer robots provider, agreed to acquire Aeris Cleantec, a provider of premium air purifiers headquartered in Cham, Zug Switzerland. Financial terms were not disclosed. "Today's acquisition of Aeris is an important step in iRobot's strategy to expand our total addressable market and diversify our product portfolio in ways that will provide consumers with new ways to keep their homes cleaner and healthier. We are enthusiastic about the growth potential for Aeris' products, especially as the pandemic has raised greater consumer awareness of the value of maintaining a cleaner, healthier home. We are also excited about the potential to leverage our Genius Home Intelligence platform and existing ecosystem of home robots to bring the iRobot experience to air purification," Colin Angle, iRobot Chairman and CEO.

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