Amazon and iRobot nix deal, Roomba maker lays off a third of its staff
By Jennifer Korn, CNN (CNN) — Amazon and iRobot, the maker of the popular Roomba vacuum, mutually called off their estimated $1.7 billion acquisition deal Monday, citing numerous regulatory hurdles. Immediately after the deal was publicly squashed, iRobot announced it would lay off 31% of its staff and that founder Colin Angle would step down
Continue Reading