Amazon’s iRobot takeover bites the dust – here’s what it means for Roomba vacuums

Amazon’s bid to buy leading robot vacuum maker iRobot has collapsed from EU regulatory pressure, forcing the Roomba maker to make major cuts to its R&D spend and workforce. And that could have big repercussions for home robotics in the future.The proposed $1.7 billion acquisition was first announced back in August 2022, but in November 2023 the European Commission revealed its objections to the deal in a press release that warned the move ‘may restrict competition in the market

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