by Mike Duff | Oct 3, 2023 | Retail Articles
Panos Panay is joining Amazon to lead the devices and services business when Dave Limp retires from Amazon later this year. CEO Andy Jassy and Limp made the announcement to the company. Panay also will be joining the S-Team, the top leadership group at Amazon. Panos...
by Mike Duff | Jul 25, 2023 | Retail Articles
iRobot has entered into a new $200 million credit facility that prompted the company and Amazon to amend the price per share formerly set for its acquisition by the retailer. Under the amended acquisition terms, Amazon will pay $51.75 per share revised down from $61...
by Mike Duff | Aug 5, 2022 | Appliances, Featured News, Retail Articles, Vacuum Cleaners
iRobot is on a new path after its acquisition by Amazon, one that suggests its now parent is becoming more interested in the potential of smart devices that make home life easier. The two companies have entered into a definitive merger agreement they announced under...
