IRobot Net Worth is$460 M Sales
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Company Name: iRobot Corporation
Company Logo: Image:IRobot Logo.svg
Company Type: Public company
Traded As: IRBT
Foundation: 1990
Founder: Rodney Brooks, Colin Angle and Helen Greiner
Location: Bedford, Massachusetts
Key People: Rodney Brooks, Founder , Helen Greiner, Founder
Industry: Robots
Products: Domestic robots, Military robots
Revenue: url
Operating Income: net income
Assets: US$254 million (2010) Equity: US$174.9 million (2010) Num Employees: 423 (2007)
Company Slogan: Build cool stuff, deliver great products, make money, have fun, change the world
iRobot Corporation is an American advanced technology company founded in 1990 and incorporated in Delaware in 2000. It designs robots such as an autonomous home vacuum cleaner (Roomba), the Scooba that scrubs and cleans hard floors, and military and police robots, such as the PackBot. iRobot is a public corporation, based in Bedford, Massachusetts.
iRobot was founded in 1990 by Rodney Brooks, Colin Angle and Helen Greiner after working in MIT's Artificial Intelligence Lab. In 1998 the company received a DARPA research contract which led to the development of the PackBot. In September 2002, iRobot unveiled its home robots flagship, the Roomba, which has gone on to sell more than 3 million units to date. iRobot began being traded on the NASDAQ in November 2005 under ticker symbol IRBT. In October 2008, iRobot announced that over 2000 PackBots have been deployed.
Roomba is an automated vacuum cleaning robot released in 2002. To date, over 5 million Roombas have been sold. Several versions of the Roomba have been developed. Roomba is powered by a rechargeable battery and many are available with a docking station to which the Roomba should return to recharge at the end of its cleaning cycle. They work in conjunction with accessories that utilize both IR and RF.
The company intentionally allows customers to hack the robot because they want people to experiment and improve the product. The API for the serial has been published and the serial port made easily accessible to make modifications easy to perform.
Scooba is iRobot's floor washing robot. The product became commercially available in limited quantities in late 2005 before a full product release in 2006, although it still is not available in many overseas markets. Early models required either a special non-bleach cleaning solution or white vinegar to wash hard floors. Newer units can also use plain water. Several versions have been marketed.
Create is a hobby robot, released in 2007. Create offers us

IRobot Net Worth, 3.7 out of 5 based on 3 ratings
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IRobot Latest News

iRobot Has Much to Gain if Trump's China Talks Go Well

When iRobot's (NASDAQ:IRBT) stellar third-quarter results were overshadowed by the impact of new tariffs on goods imported from China, its shares ultimately lost 20% of their value last month. But wit...
Posted: November 29, 2018, 12:57 pm

iRobot exec's new startup emerges after 5 years

Yet another Massachusetts robotics company focused on the e-commerce logistics industry has revealed itself, right in the middle of the busiest-ever online shopping season. Lexington-based Berkshire G...
Posted: December 7, 2018, 2:43 am

iRobot's $800 Roomba seems like a ridiculous cost, but I've tried my fair share of robot vacuums and it's one of the best

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Cleaning is at the bottom of my to-do ...
Posted: November 29, 2018, 8:17 am
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