The proposed $1 billion purchase of iRobot by Amazon has been approved by the U.K. antitrust regulator, which came to the conclusion that the transaction “would not lead to competition concerns in the U.K.”
iRobot Chief Executive Colin Angle confirmed this in a statement on Friday.
The $1.7 billion robot hoover company iRobot acquisition by Amazon was first announced in August of last year, but authorities were always going to be wary of the huge transaction.
