The businesses signed the proposed acquisition settlement on Aug. 4, 2022. Amazon would have acquired the Bedford, Mass.-based robotic vacuum vendor for as much as $1.7 billion in money. That quantity was lowered to $1.42 billion after iRobot acquired new debt, and it laid off 10% of its workers, or about 140 staff in August 2022.
We focus on iRobot’s historical past, its outstanding success in shopper robotics, potential the explanation why the deal failed, and what is perhaps subsequent for iRobot.
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