Amazon, a multinational technology company, terminated the $1.7bn acquisition of iRobot, a consumer robot company. "iRobot is an innovation pioneer with a clear vision to make consumer robots a reality. The termination of the agreement with Amazon is disappointing, but iRobot now turns toward the future with a focus and commitment to continue building thoughtful robots and intelligent home innovations that make life better, and that our customers around the world love," Colin Angle, iRobot Founder.