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.
Jason Ronald, VP of Next Generation at Microsoft, hinted at these projects during CES earlier this year, stating that the company aims to bring the best of Xbox and Windows together and will have more to share later this year.
They may even offer contextual hints to improve your chances.
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