Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant’s takeover offer, has warned investors it may not survive the next 12 months.
Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant’s takeover offer, has warned investors it may not survive the next 12 months.
It was originally at up to leech government funding for “weapons research”. I guess I’m old because nobody here seems to remember that.
What’s the context for this?
iRobot started off as a defense contractor making mine clearing algorithms or some such vaporware.
Hmm an interesting pivot