Amazon's bid to buy Roomba maker iRobot is called off amid …
Jan 29, 2024 · LONDON (AP) — Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming “undue and disproportionate regulatory hurdles” after the European Union …
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Amazon Calls Off Bid To Buy IRobot. The Roomba Vacuum Maker …
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Amazon on Monday said it is calling off its proposed acquisition of robot vacuum maker iRobot, … With the deal no longer happening, Bedford-Massachusetts-based iRobot said Monday it is undergoing a restructuring of its business, including cutting its workforce by 31%, or about 350 employees. It also said that its CEO, Colin Angle, has stepped down and that Chief Legal Office… The companies said in joint statement that they "entered into a mutual agreement to terminate t… 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.
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Amazon Calls Off Bid To Buy Mass.-based IRobot - Boston.com
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Jan 29, 2024 · Business Mass.-based iRobot to lay off 31% of staff as Amazon calls off bid to buy amid pushback in Europe The CEO will also step down. Amazon has called off its proposed …
boston.com
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Amazon Calls Off $1.7B Bid To Buy Massachusetts-based IRobot …
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Jan 29, 2024 · Amazon called off its proposed acquisition of robot vacuum maker iRobot on Monday as the deal faced antitrust scrutiny on both sides of the Atlantic, with the ecommerce …
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