Amazon and Roomba won’t be getting together after all. The retail giant and vacuum maker iRobot said Monday that Amazon’s planned acquisition is off, reports the Wall.
Amazon and Roomba won’t be getting together after all. The retail giant and vacuum maker iRobot said Monday that Amazon’s planned acquisition is off, reports the Wall Street Journal. The deal had faced big regulatory hurdles in Europe and the US. Amazon will pay the Massachusetts company a $94 million termination fee, while iRobot said it would now lay off 350 workers, about 31% of the company. As part of that restructuring. CEO Colin Angle also is stepping down.
You’ll soon have one more thing to be forced to thank Amazon for: a cleaner home. That’s because the retail giant is set to buy iRobot Corp., the company that makes Roomba vacuum cleaners, as well as other robotic tidying-up products like mops and lawn mowers.
