IRobot

iRobot Corporation
Company typePublic
NasdaqIRBT
IndustryRobotics
Founded1990 (1990), Delaware,Washington, U.S.
Founders
HeadquartersBedford, Massachusetts, U.S.
Key people
Products
RevenueDecrease US$1.18 billion (2022)
Decrease US$−240 million (2022)
Decrease US$−186 million (2022)
Total assetsDecrease US$835 million (2022)
Total equityDecrease US$476 million (2022)
Number of employees
1,254 (December 2022)
Websiteirobot.com
Footnotes / references
[1]

iRobot Corporation is an American technology company that designs and builds consumer robots. It was founded in 1990 by three members of MIT's Artificial Intelligence Lab, who designed robots for space exploration and military defense.[2] The company's products include a range of autonomous home vacuum cleaners (Roomba), floor moppers (Braava), and other autonomous cleaning devices.[3]

A planned takeover deal by Amazon.com for US$1.7 billion, announced in August 2022, collapsed in January 2024 amid antitrust scrutiny by the European Commission.[4]

  1. ^ "US SEC: Form 10-K iRobot Corporation". U.S. Securities and Exchange Commission. February 14, 2023.
  2. ^ Eng, Dinah (August 14, 2014). "iRobot: From R2-D2 to practical robots." Fortune. Retrieved March 1, 2017
  3. ^ O'Brien, Matt (August 31, 2016). "iRobot CEO says vacuum cleaners clear path to robot future". Associated Press. Archived from the original on 2017-02-25. Retrieved February 24, 2017.
  4. ^ Mattioli, Dana; Mackrael, Kim (January 29, 2024). "Amazon, iRobot Abandon Deal Amid Regulatory Scrutiny". The Wall Street Journal. Archived from the original on January 29, 2024. Retrieved January 29, 2024.

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