3 ms·
Didn't Amazon acquire iRobot?
by FuturisticLover 10mo ago
Didn't Amazon acquire iRobot?
- greenyoda 10mo agoLast sentence of the article: "A hoped-for by acquisition by Amazon.com in 2023 collapsed over regulatory concerns."
- jader201 10mo agoNo, the deal was killed: https://www.ftc.gov/news-events/news/press-releases/2024/01/statement-regarding-termination-amazons-proposed-acquisition-irobot https://www.ftc.gov/news-events/news/press-releases/2024/01/...
- MrBuddyCasino 10mo ago"[..] the Federal Trade Commission (FTC) opened an investigation into the merger. Sen. Elizabeth Warren (D–Mass.) and several Democrats in the House of Representatives sent a letter to then-FTC Chair Lina Khan, saying "the FTC should use its authority to oppose the Amazon–iRobot transaction."" [0] Thanks, I guess? Better to let China buy the husk than evil Amazon, right. [0] https://reason.com/2025/10/31/irobot-faces-bankruptcy-after-elizabeth-warren-helped-kill-1-65-billion-amazon-merger/ https://reason.com/2025/10/31/irobot-faces-bankruptcy-after-...