Amazon and iRobot said regulatory concerns made it impossible for the deal to move forward, sending the Roomba makers' shares plummeting.

Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff::Amazon and iRobot said regulatory concerns made it impossible for the deal to move forward, sending the Roomba makers’ shares plummeting.

  • Ghostalmedia@lemmy.worldEnglish
    6·
    9 months ago

    iRobot had been struggling over the past few years, and now capital is expensive. They were either going to need to sell or cut back in order to right the ship.