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UK CMA launches merger inquiry into Amazon's acquisition of iRobot · Endata

◂ Announcements

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Apr 18, 2023ACQUISITIONUnited Kingdom

UK CMA launches merger inquiry into Amazon's acquisition of iRobot

The UK's Competition and Markets Authority launched a phase 1 merger inquiry into Amazon's $1.7 billion acquisition of iRobot, the maker of Roomba robot vacuums.

Value

$1.70B

Status

Announced

Productsrobot vacuum cleaners

CompaniesAmazon acquirer iRobot Corp target

Sectors#Automation and Robotics

“The CMA mentioned on its official website and statement that it had launched a 'phase 1' probe into Amazon's $1.7 billion acquisition deal with iRobot.”itechpost.com

1 source
itechpost.comUK’s CMA Launches Merger Inquiry of Amazon-iRobot AcquisitionJohn Paul M. JoaquinApr 18, 2023

Summarized from public sources; check the original articles before acting on it.

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