channelnews : US iRobot Close To Collapse As Chinese Brands Strip Share
www.channelnews.com.au
They were once the pioneers of robotic vacuum cleaning, but iRobot — the company behind the iconic Roomba — is now out of cash and on the brink of bankruptcy. Once a prized acquisition target for Amazon, the deal collapsed after U.S. and EU regulators blocked the takeover. Since then, iRobot’s technology has fallen behind,... Read More
  • nalinna@lemmy.world
    01·
    4 months ago

    And just like that, a close-to-$1k purchase will become a paperweight, taunting the purchaser from beyond the grave.