Amazon buys iRobot for around $1.7 billion – 08/05/2022 at 14:57


(AOF) – Amazon has announced the acquisition of iRobot, a specialist in robot vacuum cleaners, for around 1.7 billion dollars, including debt. The e-tailer is offering $61 per share in cash, compared with a closing price of $49.99. “iRobot has always made life easier for its customers with innovative household cleaning products. iRobot has continued to innovate with each generation of products, solving tough problems to help customers regain valuable time in their day. “emphasized Amazon.

Following this transaction, Colin Angle will remain iRobot’s Managing Director.

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The serious European adjustment of the Internet giants

An agreement was reached on March 24 on the supervision of Internet giants, with new legislation on digital markets, the Digital Markets Act (DMA). This text aims to regulate the anti-competitive practices of the main players. With the DMA, the European Commission sets a framework to be respected, the sector now being subject to regulations similar to those of the energy, banking or telecommunications sectors. The scale of fines has also been adapted to the economic power of those involved: in the event of an infringement, they may represent 6% to 20% of global turnover. In the event of a repeat offence, business transfers may be imposed. On the other hand, in the United States, the regulatory process has still not succeeded despite the authorities’ determination.



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