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iRobot and Amazon call it quits, terminate acquisition agreement
Amazon and iRobot will no longer become one company in light of intense scrutiny from European Union regulators.
Amazon has ended its bid to acquire iRobot, the maker of robotic vacuums, after running up against stiff headwinds with European regulators. Amazon and iRobot were excited to see what our teams could build together, and we’re deeply grateful to everyone who worked tirelessly to try and make this collaboration a reality.” The company also plans to reduce its corporate real estate footprint and pause all work related to “non-floorcare innovations,” including air purification, robotic lawn mowing and education.
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