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Amazon may walk away from deal to buy iRobot, but there's still hope for a tech M&A revival this year
AmazonAmazon(US:AMZN) Market Watch·2024-01-12 09:31

The current scrutiny of anti-competitive business tactics by Amazon.com Inc. by both U.S. and European Commission regulators has put its pending acquisition of Roomba maker iRobot at risk, but there are hopes that tech M&A will come back this year nonetheless.This week, Amazon AMZN, +0.94% missed a deadline to file concessions to the EU that would allay any concerns the regulators have about its pending $1.4 billion acquisition of iRobot Corp. IRBT, +4.37%. IRobot makes the popular Roomba robotic vacuum cle ...