Amazon's proposed acquisition of iRobot has no path to regulatory approval in the European Union, preventing Amazon and iRobot from moving forward together—a loss for consumers, competition, and ...
Amazon and iRobot agreed Monday to terminate the planned $1.4 billion acquisition of the vacuum maker after facing hurdles from European antitrust regulators. The companies said the deal had "had no ...
The purchases this year included a major expansion of its logistics network, but Amazon spent significantly more money acquiring land to fuel the demand for its Amazon Web Services cloud computing arm ...
It’s been 18 months since Amazon stunned the smart home world by announcing its plan to snap up Roomba manufacturer iRobot. Today, Amazon dealt out another shocker: It’s backing away from the ...
Amazon (NASDAQ: AMZN) is primarily known for its e-commerce marketplace and cloud computing infrastructure business. But believe it or not, Amazon also operates within several other end markets ...
Krystle Vermes is a Boston-based news reporter for Android Police. She is a graduate of the Suffolk University journalism program, and has more than a decade of experience as a writer and editor in ...
Amazon said it no longer plans to acquire iRobot amid regulatory hurdles, sending shares of the Roomba maker tumbling. iRobot said it would lay off 350 employees or about 31% of its workforce and that ...
A $1.7 billion deal for Amazon to acquire the maker of the Roomba has been terminated. In August 2022, Amazon announced the agreement to buy iRobot. Today, iRobot reported the the agreement has been ...
“There’s this perception that we have this grand plan,” Amazon chief medical officer Sunita Mishra, MD, told Yahoo Finance in October. “I’ll say that we’re really stubborn on this vision, but we’re ...
Amazon's net sales reached $155.7 billion in Q1 2025; AWS contributed $29.3 billion. Amazon's historical acquisitions include Whole Foods and MGM. Amazon holds $101 billion in cash, aiding its ability ...
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