Amazon and iRobot have mutually decided to terminate their previously announced acquisition agreement, initially signed in August 2022. Under this agreement, Amazon would have acquired iRobot for a total cash consideration, enhancing innovation and competitive pricing in consumer robotics. The deal, valued at around $1.7 billion, involved Amazon offering $61 per share for iRobot. However, […]
E-commerce giant Amazon has signed an all-cash deal worth around $1.7 billion to acquire NASDAQ-listed consumer robot company iRobot. As per the terms of the deal, Amazon is offering to buy iRobot’s shares for $61 per share. The consideration includes the net debt of iRobot, which is engaged in designing and developing thoughtful robots as […]
