Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35% ...

iRobot said Monday that a planned deal to be acquired by Amazon would not go through — a development that caused the Roomba floor vacuum maker to announce it would now lay off 31% of its staff.

About 350 iRobot employees are going to lose their jobs after the company announced a 31% cut to its workforce.

iRobot’s Future in Doubt as Board Explores Options, Including a Potential Sale A year after Amazon abandoned its plan to purchase iRobot for $1.4 billion, the Roomba-maker warns it may not be ...

iRobot is also exploring other strategies, such as selling or merging with another company or finding new financing to support itself. What happens to your Roomba if iRobot goes under?

Business and Industry iRobot Lays Off 350 Employees as Amazon Kills Merger Elizabeth Warren Opposed The robot vacuum company is based in Massachusetts, meaning some of the terminated employees are ...

Amazon and iRobot, the maker of the popular Roomba vacuum, have mutually called off an acquisition deal initially valued at about $1.7 billion, citing numerous regulatory hurdles.

Politico reported today that Amazon will not concede changes to its E.U. business in response to antitrust concerns over its acquisition of iRobot. The European Commission previously issued a ...

iRobot is gearing up for its biggest product launch ever, with multiple robot vacuums up for presale on March 18. Here's a look at what's arriving later this year.