Amazon on Monday said it is calling off its proposed acquisition of robot vacuum maker iRobot, with the e-commerce giant blaming antitrust scrutiny on both sides of the Atlantic leading to "undue and ...
BEDFORD - About 350 iRobot employees are going to lose their jobs after the Bedford-based company announced a 31% cut to its workforce. iRobot was set to merge with Amazon, but the technology giant ...
Amazon's massive $1.4 billion merger with robot vacuum maker iRobot has hit a roadblock, forcing the tech giants to abandon their plans. The decision comes from staunch opposition from European Union ...
IRobot, the maker of the Roomba floor vacuum, said Monday that a planned deal to be acquired by Amazon would not go through, a development that led it to announce it would lay off 31% of its staff. In ...
WASHINGTON – Amazon and robot vacuum maker iRobot said on Jan 29 that they would end their plans to merge in the face of opposition from European Union and United States antitrust regulators. Critics ...
iRobot said Monday that a planned deal to be acquired by Amazon would not go through, a development that led the Roomba floor vacuum maker to announce it would now lay off 31% of its staff. In a ...
The restructuring will result in close to 350 employees being sacked — almost 31% of the total workforce. As part of this workforce reduction, iRobot expects to record restructuring charges totalling ...
(Bloomberg) -- Amazon.com Inc. has abandoned its planned $1.4 billion acquisition of Roomba maker iRobot Corp. after clashing with European Union regulators who had threatened to block the deal. The ...
Jan 31 (Reuters) - The collapse of iRobot's (IRBT.O), opens new tab $1.4 billion sale to Amazon (AMZN.O), opens new tab will test the cash-strapped robot vacuum cleaner maker's ability to repay a $200 ...