Silicon Valley could use a reboot. The biggest players aren’t growing, and more than a few are seeing sharp revenue declines. Regulators seem opposed to every proposed merger, while legislators push f...
Tag: iRobot
iRobot shares rise 20% after announcing an acquisition agreement with Amazon
iRobot (NASDAQ: IRBT) stock increased 20% after announcing it had executed a definitive merger agreement with Amazon (NASDAQ: AMZN) whereby Amazon will acquire the company. iRobot is well-known for ma...
Amazon to Acquire Roomba Maker iRobot to Consolidate Consumer Robotics Presence
Tech giant Amazon looks to acquire iRobot for $1.7 billion to gain more ground in the consumer robotics industry. Amazon (AMZN: NASDAQ) is reportedly acquiring Roomba maker iRobot for $61 a share in a...
IRBT stock rockets 20% as Amazon agrees to acquire iRobot for $1.7 billion
iRobot (NASDAQ: IRBT) will be acquired by Amazon (NASDAQ: AMZN) for $61/share in an all-cash deal valued at $1.7 billion, with the stock now up over 19% on the news. Once customary closing conditions ...