Tag: iRobot
-
Amazon Ends its Plans to Buy iRobot The Maker of Roomba Vacuums
Today, Amazon announced it will not buy iRobot, the maker of the Roomba Vacuums. This comes as Amazon faced multiple efforts to stop them, including a serious push from the EU to block the real. Back in September Amazon said that it would now pay $51.75 a share, below the original $61-per-share price, to account…
-
Amazon & iRobot Alter Takeover Deal as EU Review Puts Merger in Limbo
Amazon changed the terms of its deal to buy iRobot after the robot vacuum maker took on debt to continue operating as the two companies await the results of an EU antitrust investigation into the combination. Amazon said that it would now pay $51.75 a share, below the original $61-per-share price, to account for $200…
-
Amazon Gets One Step Closer to Buying iRobot
Amazon proposed buying iRobot in a billion-dollar acquisition deal last August, and it looks like U.K.’s antitrust regulators are on board with the idea. The proposal has been accepted in the UK by the Competition and Markets Authority (CMA) as of today, but will still need to undergo regulatory review. “It’s important to ensure tech…