iRobot purchases Evolution Robotics for $74 million dollars

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.