iRobot

The European Union’s competition watchdog appears set to thwart Amazon’s $1.4 billion acquisition of the robot vacuum maker iRobot, according to sources connected to the Wall Street Journal. This has triggered a sharp decline of almost 40% in the stock shares of the Roomba vacuum manufacturer, which plunged in after-hours trading following the report.Shares of iRobot opened Friday morning at lows not seen in more than a decade.The decision would deal a blow to Amazon’s strategic plans of diversifying its smart devices…

Life's busy enough for many of us without having to get bogged down in day-to-day home maintenance. So, if you have some cash to spare, why not make things easier for yourself by splurging on a robot vacuum? Several iRobot models are up to 50 percent off in a sale on Amazon. Some have dropped to record low prices, including the . At $160, that model is 42 percent off its usual price of $275.iRobotYou can snap up our top pick for the best budget robot vacuum for its lowest price to date. $160 at AmazonAlthough it's not…

Updated Jan. 11, 2024 6:14 am ETAmazon.com missed a Wednesday deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot, after the bloc had raised concerns that the deal could stifle competition in the robot vacuum cleaner market.The European Commission, the EU’s executive arm, made its concerns known in November after conducting an in-depth investigation into the deal that was outlined in August 2022. The bloc sent Amazon a so-called statement of objections—a formal step to…

August marked a year since Amazon announced plans to acquire iRobot in a $1.7 billion deal that some analysts suggested could give the retail giant a big head start in consumer robotics in much the same way Kiva boosted its industrial ambitions a year prior. I don’t know that anyone expected such a massive deal to simply skate past regulators — particularly with all of the heat Amazon has received for privacy concerns and noncompetitive practices over the last decade. At the same time, I don’t think too many of us…

If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. Whether you’re a pet owner or live in a dusty area, there’s a good chance you’re constantly sweeping your floors or lugging around a handheld vacuum to keep up. But the good news is that there’s a much easier way to stay on top of all your cleaning: enter the best robot vacuums. Unlike previous robot vacs, today’s newest models can handle even the toughest jobs…

Amazon.com Inc. must pledge to fairly rank rival robot vacuum cleaners sold on its online marketplace if it is to secure European Union approval for its $1.4 billion buyout of Roomba maker iRobot Corp., the bloc's interim competition chief Didier Reynders warned. His comments follow last week's move by the European Commission to issue a formal statement of objections cataloging potential reasons to block the deal unless Amazon comes up with an offer to fix them.  “The main issue is to be sure to have a fair treatment of…

Cyber Week 2023 has ended, but Amazon is still offering discounts on TVs, iPads, headphones, and more ahead of the upcoming holiday season. Cyber Week 2023 has ended, but Amazon is still offering discounts on TVs, iPads, headphones, and more ahead of the upcoming holiday season. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong…

In August 2022, Amazon and iRobot signed an agreement for Amazon to acquire iRobot for $1.7 billion. Usually, government agencies in certain regions investigate such acquisitions and mergers before giving the go-ahead to make sure that it doesn’t affect consumers and the market in a negative way. As such, a month after the two companies signed an agreement, the Federal Trade Commission (FTC) started an investigation into the deal. In July this year, the European Commission (EC) also opened an investigation into the…

Last year, Amazon and iRobot announced a $1.7 billion acquisition, that would see Amazon swallowing up the popular robot vacuum company. As usual with these deals, they are going through regulatory reviews across the world, particularly in the UK, European Union and the US. British regulators looked at the deal and cleared it in June, while the Federal Trade Commission in the US requested information about deal from the companies in September 2022. The European Union however, has just sent over a statement of objections…

There's no reason you should have to do anything besides exist in the cold dark of winter, including cleaning. Cyber Monday sales on iRobot's vacuums are making it much more affordable to put your feet up and let a machine do the work for you. A range of iRobot's vacuums are currently discounted, including a 42 percent off deal on the iRobot Roomba 694. The robot vacuum is down to an all-time low price of $159 from $275.iRobotIt's one of the best deals of Roomba's sale, with a 42 percent discount.  $159 at AmazonThe…