What’s next for iRobot? – The Robot Report
The companies signed the proposed acquisition agreement on Aug. 4, 2022. Amazon would have acquired the Bedford, Mass.-based robotic vacuum vendor for up to $1.7 billion in cash. That amount was lowered to $1.42 billion after iRobot acquired new debt, and it laid off 10% of its staff, or about 140 employees in August 2022.
We discuss iRobot’s history, its remarkable success in consumer robotics, potential reasons why the deal failed, and what might be next for iRobot.
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