# iRobot acquires Evolution Robotics: acquisition

Canonical ID: `2218edc8-bb93-4dad-914b-b1871059a7a9`

iRobot acquired Evolution Robotics (announced Sept 17, 2012; ~$74M) - maker of the Mint floor-cleaning robots and Northstar localization - expanding into hard-floor cleaning; Mint was rebranded iRobot Braava.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $74.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [iRobot](https://registry.deploy.report/companies/irobot.md)
- **Acquired:** [Evolution Robotics](https://registry.deploy.report/companies/evolution-robotics.md)

## Timeline

- **Announced:** 2012-09-17

## Sources (1)

1. https://investor.irobot.com/news-releases/news-release-details/irobot-acquires-evolution-robotics-inc


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