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...
29 Jan, 2024, 10.28 PM IST
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...
19 Jan, 2024, 10.14 AM IST
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...
28 Nov, 2023, 08.15 AM IST
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...
23 Nov, 2023, 05.56 PM IST
EU antitrust regulators halt Amazon, iRobot probe, await infoThe European Commission, which acts as the competition enforcer in the 27-country bloc, said it stopped the clock on Sept. 8, with effect f...
11 Sep, 2023, 10.04 PM IST
EU regulators extend Amazon, iRobot decision deadline to December 13EU antitrust regulators have extended their deadline for a decision on Amazon's $1.7 billion acquisition of robot vacuum cleaner maker iRob...
19 Jul, 2023, 07.51 PM IST
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...
06 Jul, 2023, 11.23 PM IST
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 ...
22 Jun, 2023, 10.48 PM IST
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...
17 Jun, 2023, 12.06 AM IST
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.
16 Jun, 2023, 03.31 PM IST
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...
02 Jun, 2023, 06.36 PM IST
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...
18 Apr, 2023, 05.17 PM IST
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."
06 Apr, 2023, 05.04 PM IST
Amazon closes $3.9 billion buyout of health company One MedicalThe e-commerce giant has said the buyout, which was announced in July, is a key component of its growing health care business, which includ...
23 Feb, 2023, 04.45 PM IST
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...
03 Sep, 2022, 09.20 AM IST
As Amazon grows, so does its eye on consumersIn recent weeks, Amazon has said it will spend billions of dollars in two gigantic acquisitions that, if approved, will broaden its ever gr...
23 Aug, 2022, 02.13 PM IST
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.
06 Aug, 2022, 09.19 AM IST