Amazon will no longer pursue a $1.4 billion acquisition of iRobot, maker of Roomba robot vacuums after the companies announced today that they have "no path to regulatory approval in the European ...

In brief: Amazon and iRobot have agreed to dissolve their previously announced acquisition agreement that would have seen the e-commerce giant purchase the Roomba maker for $1.7 billion in cash, which ...

Amazon and iRobot, maker of the Roomba vacuum line, just announced that they would be dropping their proposed merger. The potential acquisition was announced back in August of 2022 and was immediately ...

The European Union’s competition watchdog plans to block Amazon’s $1.7 billion deal for robot vacuum maker iRobot, The Wall Street Journal reported Thursday, citing people familiar with the matter.

Shares in iRobot Corp. dropped over 30% in late trading today after a report from the Wall Street Journal said the European Commission intends to block the $1.7 billion takeover of the company by ...

Update 9:32am: Updates shares. iRobot (NASDAQ:IRBT) fell 8.8% after Amazon (NASDAQ:AMZN) and the robot vacuum maker mutually agreed to terminate the planned $1.4 billion sale to Amazon. iRobot's CEO ...

Rather than compromise with EU regulators, Amazon is walking away from a $1.7 billion deal to buy iRobot, sending the Roomba vacuum maker’s stock down roughly 7%. EU regulators had offered Amazon the ...