iRobot purchases Evolution Robotics for $74 million dollars


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If you have heard of the mint robot, then you may know that it's developed by Evolution robotics. A few days ago, iRobot sent out a press release stating that they bought Evolution Robotics for $74 million dollars. This is also a perfect example of horizontal integration, but now it's involving the robotics industry. Thanks for reading and check out irobot.com for more info.

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