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Android Central
Technology
Nickolas Diaz

Amazon drops $1.4 billion deal with iRobot amid EU resistance, spurring layoffs

iRobot Amazon European Union Colin Angle
Amazon logo gray background.

What you need to know

  • Amazon announces it has come to a "mutual" agreement with iRobot to terminate its previous $1.4 billion deal to acquire the Roomba maker.
  • The EU gave Amazon some strong pushback as antitrust regulators were concerned over how such an acquisition could impact several countries.
  • Since its termination, iRobot will lay off 31% of its workforce while its CEO and Chairman, Colin Angle, resigns amid company "challenges."
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