iRobot

Amazon Beefs Up Robotics Capabilities, Looks to Strengthen European Foothold
Amazon Beefs Up Robotics Capabilities, Looks to Strengthen European Foothold
September 13, 2022  |  Amazon

Operating over half a million robotic drive units and more than a dozen other robotic systems in its facilities around the world, Amazon’s eCommerce business...

READ MORE >
FTC Begins Review of $1.7B Amazon-iRobot Deal
FTC Begins Review of $1.7B Amazon-iRobot Deal
September 04, 2022  |  Acquisitions

The U.S. Federal Trade Commission has begun a review of the $1.7 billion takeover of robot vacuum maker iRobot by Amazon to assess whether the...

READ MORE >
What New Data Shows About Why Amazon is Buying iRobot
What New Data Shows About Why Amazon is Buying iRobot
August 15, 2022  |  Amazon Acquisitions

Joe Jones has become something of a household name in the last ten days because of an idea he had in 1989.  Jones is the...

READ MORE >
Today in the Connected Economy: Amazon Buys iRobot, Partners With Veritone
Today in the Connected Economy: Amazon Buys iRobot, Partners With Veritone
August 05, 2022  |  Connected Economy

Today in the connected economy, Amazon pays $1.7 billion to acquire Roomba-maker iRobot, part of the company’s effort to boost its smart home offerings. Plus,...

READ MORE >
$1.7B iRobot Deal Clears Path for Amazon’s Smart Home Ambitions
$1.7B iRobot Deal Clears Path for Amazon’s Smart Home Ambitions
August 05, 2022  |  Acquisitions

Author Isaac Asimov coined ‘The Three Laws of Robotics’ in his 1950 novel “I, Robot’ of which none specifically addressed vacuuming, as the sci-fi visionary...

READ MORE >
Amazon to Acquire iRobot, Maker of Roomba Robot Vacuum
Amazon to Acquire iRobot, Maker of Roomba Robot Vacuum
August 05, 2022  |  Acquisitions

Amazon is set to acquire iRobot, the maker of the Roomba robot vacuum, in an all-cash transaction valued at $1.7 billion. The completion of the...

READ MORE >
CE100™ Index Lags Rebound in Broader Markets
CE100™ Index Lags Rebound in Broader Markets
March 28, 2022  |  Connected Economy

There was not much movement in the CE100™ Index this past week. The rather muted downdraft — 30 basis points — trailed the broader indices,...

READ MORE >
iRobot Revenue Grows 31 Pct Despite $17M In Unfulfilled Orders
iRobot Revenue Grows 31 Pct Despite $17M In Unfulfilled Orders
July 29, 2021  |  Retail

iRobot overcame COVID-related supply chain issues in China that led to $17 million in unfulfilled orders to end the second quarter of 2021 with revenue...

READ MORE >
The Future Is Secure For Smart Devices
The Future Is Secure For Smart Devices
August 21, 2019  |  Security & Fraud

Along with the growing popularity of IoT devices, from fitness wearables to smart fridges, comes increased security and privacy issues. Mounting data breaches and device...

READ MORE >