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iRobot is likely to collapse within 12 months. (www.theregister.com)
submitted 3 days ago by Tea@programming.dev to c/technology@lemmy.world
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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.

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[-] bouncing_blob@sh.itjust.works 37 points 3 days ago

my first thought was aren't they a part of the Military Industrial Complex, how could they possibly go bankrupt? It turns out they sold off that part of their business in 2016 to private equity. Oops.

this post was submitted on 12 Mar 2025
641 points (100.0% liked)

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