Amazon and iRobot agree to terminate pending acquisition

Date: 2024-01-29 · Type: org change · Company: iRobot Corporation

Amazon and iRobot mutually agreed to terminate the previously announced acquisition.

Amazon and iRobot mutually agreed to terminate the previously announced acquisition.
The move ends the pending cash deal first unveiled in August 2022.
The decision reset iRobot's strategic trajectory and subsequent restructuring backdrop.