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

IRobot Latest News

40,320 Shares in iRobot Corp. (IRBT) Acquired by TrimTabs Asset Management LLC

TrimTabs Asset Management LLC bought a new position in iRobot Corp. (NASDAQ:IRBT) during the second quarter, Holdings Channel reports. The firm bought 40,320 shares of the company’s stock, valued at approximately $1,414,000. Other institutional investors ...
Posted: October 21, 2016, 1:59 pm

Turbulent Week Ends, How Did This Stock Fare: iRobot Corporation (NASDAQ:IRBT)

Stock indexes closed mostly lower on Friday as the telecom sector bore the brunt of selling. The S&P 500 was also lower on the day, but pulled off a one point gain on the week, while the Nasdaq ended 0.6% higher for the week. Globally, the FTSE fell 0.1% ...
Posted: October 23, 2016, 7:57 am

iRobot Corp. (IRBT) CEO Colin M. Angle Sells 53,683 Shares of Stock

iRobot Corp. (NASDAQ:IRBT) CEO Colin M. Angle sold 53,683 shares of the company’s stock in a transaction on Monday, October 17th. The shares were sold at an average price of $44.71, for a total transaction of $2,400,166.93. Following the completion of ...
Posted: October 20, 2016, 1:00 am
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