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
‘A Surveillance Company’: Rights Group Sounds Alarm After Amazon Acquires iRobot
August 9, 2022
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Amazon’s $1.7 billion (A$2.4 billion) acquisition deal for iRobot, the creator of Roomba robot vacuums, will give the e-commerce giant another avenue to collect personal information if nothing is done to protect it, Digital Rights Watch warned. On Friday, both companies announced they had entered into a definitive merger in an all-cash transaction. Digital Rights…
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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