29 January 2024

Amazon ends its $1.4B acquisition of Roomba maker iRobot after clashing with EU regulators and will pay a $94M fee; iRobot has $500M in net losses since 2021 (Bloomberg)

Bloomberg:
Amazon ends its $1.4B acquisition of Roomba maker iRobot after clashing with EU regulators and will pay a $94M fee; iRobot has $500M in net losses since 2021  —  - EU competition watchdog was preparing to block takeover  — Tech giant to pay $94 million to iRobot over deal termination

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