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Jan 18 - The European Union's competition watchdog plans to block Amazon.com's $1.4-billion deal for robot vacuum maker iRobot, The Wall Street Journal said on...
IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com's $1.4 billion buyout of the Roomba vacuum maker. ...
Shares of the Roomba vacuum maker plunged nearly 40% to $14.3 in trading after the bell. WSJ reported that Amazon was informed during its meeting with European Commission's officials on Thursday that the deal was likely to be rejected. Amazon declined to comment on the report.
NEW YORK -Chip design software maker Synopsys said on Tuesday it would buy Ansys in a $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from airplanes to...
NEW YORK (Reuters) -Chip design software maker Synopsys said on Tuesday it would buy Ansys in a $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from airplanes to tennis rackets of players like Novak Djokovic. The transaction would be the biggest acquisition in the technology sector since chipmaker Broadcom took over software maker VMware last November in a $69 billion deal. It could herald more big deals as a pick up in economic sentiment and some failed attempts by antitrust regulators to thwart deals embolden chief executives to place large acqu...