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Amazon's announced in 2022 that it would buy iRobot, maker of the circular-shaped Roomba vacuum, for $1.7 billion in cash. But the value of the deal fell 15% after iRobot incurred new debt.
Concerns over stifled competition, Alexa tie-ins reportedly sink deal in Europe.
Amazon announced in 2022 that it would buy iRobot, maker of the circular-shaped Roomba vacuum, for $1.7 billion in cash. But the value of the deal fell 15% after iRobot incurred new debt.
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By Dean Seal Amazon.com and iRobot have agreed to terminate their acquisition deal, citing challenges in gaining regulatory approval in the European Union. The companies said Monday that...