Amazon (AMZN) said it no longer plans to acquire iRobot (IRBT), sending shares of the Roomba maker tumbling over 6% in intraday trading Monday.

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Citing a tough regulatory environment, Amazon has called off its $1.7 billion purchase of iRobot. The tech giant announced Monday (Jan. 29) that its agreement to purchase the robot vacuum maker — f...

Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming "undue and disproportionate regulatory hurdles" after the European Union signaled its objection to the deal.

Amazon is walking away from iRobot after it became clear regulators in the European Union wouldn't approve the deal. iRobot will get a $94 million breakup fee, but that only covers a few months of ...

Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) on Monday said it was scrapping plans to buy the iRobot vaccum maker after the EU's antitrust authority objected to the plan over competition concerns.  "We're...

Amazon walked away from the $1.7 billion acquisition of iRobot as it faces questions from regulators in the European Union and United States.

A year and a half after announcing its intention to acquire iRobot, Amazon's deal is officially dead. All parties involved anticipated some level of regulatory scrutiny, but after a few decades of ...

Amazon (NASDAQ:AMZN) stock is a hot topic on Monday after the e-commerce giant terminated its plans to acquire consumer robot company iRobot (NASDAQ:IRBT). As a result of this agreement, Amazon is ...

Amazon is terminating its planned $1.4 billion acquisition of vacuum maker iRobot, which was facing scrutiny from U.S. and European antitrust regulators.

Amazon.com and iRobot have agreed to terminate their acquisition deal, citing challenges to gaining regulatory approval in the European Union.

Amazon has ended its bid to acquire iRobot, the maker of robotic vacuums, after running up against stiff headwinds with European regulators. In a press release, the companies said that they saw “no...

iRobot is laying off 31% of its staff and CEO Colin Angle is stepping down.

iRobot Corporation tanked more than 15% today after Amazon.com Inc terminated plans of buying the tech company. The multinational cited “no path to regulatory approval” for pulling of its deal with...

Amazon said on Monday it would not move forward with a planned acquisition of vacuum-maker iRobot , with the two companies saying in a release there was “no path to regulatory approval for the deal.”