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AMAZON IROBOT
Amazon buys Fauna Robotics, maker of the Sprout humanoid robotThe e-commerce giant is already a robotics powerhouse, having boasted of deploying more than 1 million robots across its warehouse operatio...- iRobot stock crashes over 80% after company files for bankruptcy - what investors must knowiRobot stock tanks after company files for bankruptcy: Roomba maker iRobot sought Chapter 11 protection as debt, Chinese competition, and a...
- Roomba maker iRobot files for bankruptcy, to go private after buyoutRoomba maker iRobot has filed for bankruptcy protection in the US and will be taken private by its main manufacturer, Picea. Pressured by w...
- iRobot to lay off 350 employees after Amazon terminates acquisition dealAs part of this workforce reduction, iRobot expects to record restructuring charges between $12 million and $13 million, primarily for seve...
- Amazon, iRobot abandon merger in face of EU oppositionAmazon and iRobot have announced the termination of their merger plans due to opposition from EU antitrust regulators. iRobot is implementi...
- Amazon calls off bid to buy iRobot amid pushback in EuropeAmazon 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 t...
- EU antitrust regulator intends to block Amazon's iRobot acquisition: reportThe European Union's competition watchdog, the European Commission, plans to block Amazon's $1.4 billion acquisition of iRobot, a robot vac...
- EU regulators say Amazon's iRobot acquisition may harm competitionThe European Commission, the European Union's executive arm and top antitrust enforcer, said it has informed Amazon of its "preliminary vie...
- Amazon to win unconditional EU nod for iRobot dealAntitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of tro...
- Amazon amends iRobot deal to lower offer price by 15%The companies had unveiled the deal in August last year, in what marked the latest effort by the world's largest online retailer to expand ...
- Amazon's iRobot deal in EU antitrust crosshairsAntitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of tro...
- Amazon's iRobot deal faces EU antitrust investigation: reportAmazon announced the takeover in August last year to expand its portfolio of smart devices, which include the Alexa voice assistant, smart ...
- Amazon debuts its HQ complex in VirginiaBritish antitrust regulators cleared Amazon's purchase of robot vacuum maker iRobot on Friday, but the $1.7 billion. The Competition and Ma...
- UK clears Amazon's $1.7 billion deal for Roomba-maker iRobotThe Competition and Markets Authority (CMA) said it had concluded that the deal would not lead to competition concerns in the UK.
- Amazon’s iRobot deal faces July 6 EU antitrust deadlineUS online retailer Amazon announced the takeover in August last year that will boost its portfolio of smart devices which include Alexa voi...
- UK regulator launches probe into Amazon's planned purchase of iRobotThe probe launch by the UK watchdog comes at a time antitrust regulators, including those in the U.S. and the European Union, have become i...
- Amazon's $1.7B iRobot purchase faces UK antitrust scrutinyAmazon said it's "working cooperatively with the relevant regulators in their review of the merger."
- FTC seeks more data on Amazon's $1.7-billion deal for vacuum maker iRobotIn a filing on Tuesday, iRobot said the FTC had on September 19 requested more details on the deal that was announced last month and would ...
- US begins antitrust review of Amazon's takeover of vacuum maker iRobotThe US anti-trust body's iRobot review is wide-ranging and would include both head-to-head competition and whether the deal would illegally...
- Alexa! Start my Roomba: Amazon buys robot vacuum maker iRobot for $1.7 billionAmazon will pay $61 per share, valuing iRobot at a premium of 22% to the stock's last closing price of $49.99.
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