iRobot was long overdue for a product redesign to win back its once overwhelming share of the robot vacuum market. The company just announced such a reinvention for its complete product line; it turns ...
IRobot, the maker of the Roomba floor vacuum, said Monday that a planned deal to be acquired by Amazon would not go through, a development that led it to announce it would lay off 31% of its staff. In ...
Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35%, ...
The iRobot Select program is shutting down amid more cost cutting at the troubled robot vacuum manufacturer. The iRobot Select program is shutting down amid more cost cutting at the troubled robot ...
BEDFORD - About 350 iRobot employees are going to lose their jobs after the Bedford-based company announced a 31% cut to its workforce. iRobot was set to merge with Amazon, but the technology giant ...
iRobot, the Bedford, Massachusetts-based company that was largely responsible for the rise of the robot vacuum cleaner in homes, is warning investors there is “substantial doubt” about its ability to ...
Politico reported today that Amazon will not concede changes to its E.U. business in response to antitrust concerns over its acquisition of iRobot. The European Commission previously issued a ...
The probe launch by the UK watchdog comes at a time antitrust regulators, including those in the U.S. and the European Union, have become increasingly wary of giant companies acquiring smaller rivals.
The U.K.’s antitrust regulator has given the go-ahead to Amazon’s proposed billion-dollar iRobot acquisition, concluding that the deal “would not lead to competition concerns in the U.K.” In short, it ...
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