iRobot (NASDAQ: IRBT), a leader in consumer robotics, has just acquired its largest European distributor, Robopolis. The acquisition, announced in July, closed on Oct. 2 and comes on the heels of iRobot acquiring its Japanese distributor, Sales on Demand Corporation, just six months earlier. Let’s dive into the details of these two acquisitions and check out the implications for the company going forward.
Image source: iRobot.