Amazon-iRobot $1.4B Merger Scrapped Over EU Antitrust; iRobot Cuts 31% Jobs, CEO Resigns
Amazon and iRobot's $1.4B merger halted by EU regulators, leading to iRobot's major restructuring, job cuts, and CEO's exit.
Source: techtimes.com
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Amazon ends $1.7B acquisition deal for iRobot amid regulatory issues
Amazon ends $1.7B acquisition deal for iRobot amid regulatory issues - SiliconANGLE
Source: siliconangle.com
Amazon scoots away from iRobot acquisition plan
Looks like Amazon won't be getting into the robot vacuum business after all.
Source: techhive.com
Amazon and Roomba maker call off acquisition deal, iRobot lays off staff instead
Amazon and iRobot, the maker of the popular Roomba vacuum, have mutually called off an acquisition deal initially valued at about $1.7 billion, citing numerous regulatory hurdles.
Source: cnn.com
iRobot founder Colin Angle departs after Amazon backs out of $1.7 billion deal
The Roomba maker will cut roughly 31% of staff.
Source: fortune.com