August noted per year since Amazon revealed intends to obtain iRobot in a $1.7 billion package that some analysts proposed could provide the giant that is retail big head start in consumer robotics in much the same way Kiva boosted its industrial ambitions a year prior.

I don’t know that anyone expected such a massive deal to simply skate past regulators — particularly with all of the heat Amazon has received for privacy concerns and noncompetitive practices over the decade that is last. In the time that is same I don’t think too many of us assumed that we would be barreling into 2024 with this big, open question mark.

The Deal has already been greenlit by a true number of government systems, nevertheless the procedure has actually experienced attracted completely at every action. You likely already know my feelings about outside scrutiny of business practices (I’m generally pro), but I expected something definitive by now.

Amazon will be just fine, of course, but I can’t imagine this waiting game has been easy on iRobot, which underwent two rounds of layoffs in mid-2022 and early 2023 if you’re a regular Actuator reader. Just ahead of the announcement’s one-year anniversary, iRobot confirmed that it was lowering its purchase price by 15%, while raising $200 million in debt to “fund its ongoing operations” — debt that Amazon will take on if the deal does, in fact, close. voicedA month ago, EU antitrust regulators

 the concern that is following “Amazon might have the power additionally the motivation to foreclose iRobot’s competitors by participating in a few foreclosing methods targeted at stopping competitors from offering RVCs on Amazon’s on the web market and/or at degrading their particular usage of it.”

Amazon countered that its iRobot currently faces “intense competition,” including that its huge sources would reduce rates and innovation that is“accelerate”