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...
15 Dec, 2025, 08.13 AM IST
Best Presidents Day Deals: Top discounts across Amazon, Target, Walmart and moreWith Presidents Day sales ramping up, shoppers have an opportunity to grab top-rated products at unbeatable prices.
16 Feb, 2025, 05.48 PM IST
Amazon posts AI-fueled cloud, ecommerce growth, shares jumpAmazon's plan to acquire iRobot for $1.4 billion has been halted by European regulators, despite the company's strong fourth-quarter sales ...
02 Feb, 2024, 07.12 AM IST
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
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 ...
25 Jul, 2023, 06.54 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
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 $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
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 ...
20 Sep, 2022, 09.36 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
- Increasing role of robots in Japanese factories
Robots are already taken for granted in Japanese factories, so much so that they are sometimes welcomed on their first day at work with Shi...
04 Mar, 2008, 12.59 AM IST