Amazon is abandoning plans to acquire Roomba maker iRobot, a $1.4 billion deal that would have been one of the company’s largest acquisitions ever. In a statement Monday, the companies… Read More
Shares of Roomba maker iRobot fell nearly 20% after the European Commission said Amazon’s proposed $1.7 billion acquisition of the company “may restrict competition in the market for robot vacuum… Read More
Amazon and iRobot have agreed to a 15% reduction in Amazon’s acquisition price to offset a new $200 million loan necessary to fund the Roomba robotic vacuum-cleaner maker’s ongoing operations.… Read More
Amazon is set to make another major acquisition. The Seattle tech giant said Friday it will scoop up iRobot, the Boston-area company known for its Roomba vacuum, in a $1.7… Read More