The collapse of iRobot's $1.4 billion sale to Amazon will test the cash-strapped robot vacuum cleaner maker's ability to repay a $200 million loan it took from private equity firm Carlyle Group last y
Can iRobot survive without Amazon?
iRobot, the maker of Roomba, announced plans this week to cut nearly a third of its workforce, marking the company's latest round of layoffs and the latest in a string corporate job cuts this year tha
Amazon (AMZN) is ending its bid to acquire Roomba-maker iRobot (IRBT). The companies say they see "no path to regulatory approval in the European Union.
The future of iRobot Corp. IRBT, -8.77% is likely to be rocky as it faces tougher competition in the home-robotics market on its own.

iRobot Stock Got Cheaper Today. Is It a Buy?

02:34pm, Monday, 29'th Jan 2024
Amazon.com just confirmed it will walk away from its deal to buy iRobot. Investors dumped iRobot stock this morning, but the stock is winning back some losses in the afternoon.
Plans by Amazon and vacuum cleaner maker iRobot to merge have been abandoned following concerns that the move would harm competition.
Amazon (AMZN) said it no longer plans to acquire iRobot (IRBT), sending shares of the Roomba maker tumbling over 6% in intraday trading Monday.
Citing a tough regulatory environment, Amazon has called off its $1.7 billion purchase of iRobot. The tech giant announced Monday (Jan. 29) that its agreement to purchase the robot vacuum maker — fi
Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming "undue and disproportionate regulatory hurdles" after the European Union signaled its objection to the deal.

Is iRobot (IRBT) Stock on the Brink of Death?

11:02am, Monday, 29'th Jan 2024
Even as the artificial intelligence (AI) boom continues, some companies in the space are struggling. For iRobot (NASDAQ: IRBT ), the future appears questionable at best.
Amazon is walking away from iRobot after it became clear regulators in the European Union wouldn't approve the deal. iRobot will get a $94 million breakup fee, but that only covers a few months of cas
Irobot (NASDAQ: IRBT ) layoffs are coming for the Roomba company's employees after its plans to be acquired by Amazon (NASDAQ: AMZN ) fell apart. With the Amazon deal no longer moving forward, iRobot
Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) on Monday said it was scrapping plans to buy the iRobot vaccum maker after the EU's antitrust authority objected to the plan over competition concerns.  "We're d
Amazon walked away from the $1.7 billion acquisition of iRobot as it faces questions from regulators in the European Union and United States.
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