Back in 2018, Amazon acquired Ring, the maker of a series of home surveillance devices and smart doorbells with cameras built-in. It acquired Wi-Fi router company Eero in 2019, giving it access to internet usage data. Many of the products it's planning also paint a vivid picture...
Last summer, iRobot—Roomba’s parent company—announced that they had finally agreed to be acquired by Amazon for $1.7 billion. That news spawned a flurry of alarmed articles (including our own) that the megacorp now had access to data on the layout and possessions inside millions of peoples...
Target boards should be aware of this — particularly for smaller companies and startups, where the potential to get acquired at a premium has traditionally formed part of the core business plan — but acquirers should also be mindful. After all,old habits are hard to break, not least for ...
Roombas also don't see super frequent or heavy discounts outside of major shopping holidays like Black Friday or Prime Day. That could change soon. If Amazon holds sales on its newly-acquired robot vacuums as often as it does on its own devices (for reasons from Valentine's Day to back...
If the air purifier business – or any other business we acquire – does not perform as expected or we are unable to effectively integrate the acquired business into our operations or achieve the expected synergies of the acquisition, our operating results could be harmed. Expansion into new mark...
Amortization of acquired intangible assets 1,066 466 1,405 1,393 Stock-based compensation 5,480 9,375 17,937 25,880 Net merger, acquisition and divestiture (income) expense (656) 8,852 (74,813) 22,889 Restructuring and other 1,922 152 24,298 8,236 Loss on strategic investments ...
In November 2021, we acquired Aeris Cleantec AG ("Aeris"), a fast-growing provider of premium air purifiers. The addition of Aeris helps expand iRobot’s total addressable market with a portfolio of air purifiers that we believe are differentiated by their sophisticated design, quality craftmanship...