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Amazon and iRobot Call Off Acquisition

Deal to acquire the company behind the Roomba robotic vacuum has no path to regulatory approval in EU.

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By: Christine Esposito

Editor-in-Chief

Amazon and iRobot—the company behind the Roomba robot vacuum—have entered into a mutual agreement to terminate their previously announced acquisition agreement, originally signed on August 4, 2022. The companies say there is no path to regulatory approval in EU. A termination agreement has been signed that resolves all outstanding matters from the transaction, including Amazon paying iRobot the previously agreed upon termination fee. “iRobot is an innovation pioneer with a clear vision to ...

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