LONDON—British antitrust regulators cleared Amazon’s purchase of robot vacuum maker iRobot on Friday, but the $1.7 billion deal still faces scrutiny in the United States and Europe. The Competition and Markets Authority said it decided not to escalate its initial investigation because it concluded that the deal would not result in a “substantial lessening of…
Amazon’s $1.7 Billion Deal to Buy Roomba Maker iRobot Gets UK Approval
Several Members of Congress Want to Block Amazon’s Acquisition of iRobot
Several members of the U.S. Congress issued a letter to the Federal Trade Commission (FTC) over the announced acquisition of iRobot Corporation by Amazon.com Inc. Here’s why the lawmakers have concerns over the purchase. What Happened A letter recommending the FTC reject the planned acquisition of iRobot by Amazon.com was signed by some members of…
Amazon to Acquire Roomba Robot Vacuum Creator iRobot for $1.7 Billion
Amazon has entered into a definitive merger to acquire iRobot, the creator of Roomba robot vacuums, in an all-cash transaction valued at $1.7 billion, the companies announced Friday. “We know that saving time matters, and chores take precious time that can be better spent doing something that customers love,” said Dave Limp, SVP of Amazon…
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