Silicon Valley Confronts the End of Growth. It’s a New Era for Tech Stocks.

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...

In Tech’s New World, Layoffs and Buybacks Are In, Mergers Are Out

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...

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...

Amazon Buying Roomba Maker iRobot In $1.7 Billion Deal To Grow Its Arsenal Of Connected Devices

Topline Amazon is buying iRobot, the manufacturer of Roomba robot vacuum cleaners, in a $1.7 billion all-cash deal, marking a major addition to Amazon’s growing list of smart home technology pro...

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 ...