Amazon’s $1.4B Roomba bid fails, leading to iRobot layoffs and CEO resignation
Amazon will no longer pursue a $1.4 billion acquisition of iRobot, maker of Roomba robot vacuums after the companies announced today that they have "no path to regulatory approval in the European Union." On the same day, iRobot announced an "operational restructuring plan" in which 350 employees,…
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