The company behind the popular Roomba robotic vacuum cleaners, iRobot, recently informed investors that its revenue has taken a significant hit and it is experiencing difficulties in paying off its debts. Although Amazon was initially considered as a potential buyer, the deal ultimately fell through due to the threat of an investigation by the European Commission, resulting in Amazon paying a $94 million termination fee.
The termination fee, however, is not sufficient to cover the $200 million loan that iRobot had taken out in anticipation of the Amazon acquisition. This news comes at a particularly challenging time, as the company had just announced a range of new models, including a Roomba that can compact debris and dust, reducing the need for frequent emptying. The new models were unveiled just a week prior to the announcement.
Meanwhile, rival robot vacuum cleaners are becoming increasingly advanced, offering more sophisticated features and capabilities. This year’s Consumer Electronics Show (CES) featured a wide range of innovative robovacs that can multitask and even boast integrated robotic arms, reminiscent of science fiction.
Although many of these cutting-edge devices have yet to be released, iRobot has consistently delivered reliable floor cleaning solutions for years. Hopefully, the company will be able to continue this trend.
— Mat Smith
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With a PC maker partner.
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The plan is to simplify Windows for handheld use, possibly with a launcher or console-like interface, addressing one of the major drawbacks of handheld gaming PCs and a feature that SteamOS and Steam Decks have largely avoided.
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They may even offer contextual hints to improve your chances.
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