Morgan Reed, president of ACT | The App Association, statement on the announcement that Amazon and iRobot agreed to terminate Amazon’s pending acquisition of iRobot: “For our members and fellow innovators, acquisition is a critical path for future growth. Today’s announcement that Amazon is being forced to terminate the acquisition [...]
Morgan Reed, president of ACT | The App Association, statement on reports that competition officials from the European Commission (EC) intend to block Amazon’s acquisition of startup iRobot: “Restrictions on companies being acquired dim opportunities for our members. This possible limitation becomes a barrier to exit, and for our members, [...]
Today, ACT | The App Association released a statement from president Morgan Reed on the temporary pause of the Apple Watch import ban: “The Apple Watch ecosystem thrives on collaboration between the Apple Watch and third-party developers. The pause in personal health device sales disrupts this collaborative ecosystem, affecting the [...]
Today, ACT | The App Association released a statement from president Morgan Reed on the FTC action against Amazon: “Today’s announcement is another attempt by the FTC to reshape innovation by challenging the value of digital marketplaces for small businesses. “The smallest companies, including our members, benefit the most from [...]
For the more than 33.2 million startups or small businesses operating in the United States, success means the ability to explore various acquisition avenues that can enhance products and streamline market entry. Options empower our economy, and limiting choices for small businesses to explore a strategic acquisition or merger would [...]