Amazon calls off US$1.7 billion bid to buy Roomba maker iRobot
Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming “undue and disproportionate regulatory hurdles” after the European Union...
Source: nzherald.co.nz
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Amazon abandons deal to buy Roomba vacuum maker iRobot
US e-commerce giant Amazon is abandoning its plans to purchase the robot vacuum cleaner manufacturer iRobot following opposition from competition regulators. The European Commission, for instance, said it saw a risk of Amazon reducing the prominence of similar rival products in the search results on its site. The cancellation of the deal has immediate consequences for Massachusetts-based iRobot. The company said almost a third of its 350 employees are now due to be let go and long-time boss Coli
Source: yahoo.com
Amazon's bid to buy Roomba maker IRobot is called off
Amazon has called off its purchase of IRobot, blaming 'undue and disproportionate regulatory hurdles' after the European Union signaled its objection to the deal.
Source: latimes.com
Amazon terminates $1.4bn deal for Roomba maker after EU challenge
Regulators in Europe and the US are increasingly sceptical of Big Tech’s dealmaking
Source: businesspost.ie
Amazon abandons £1.1bn takeover of Roomba owner after EU opposition
Amazon has criticised the EU after opposition from regulators forced it to call off a $1.4bn (£1.1bn) takeover of iRobot, the company behind Roomba robotic vacuum cleaners.
Source: yahoo.com