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

Behind the boardroom door: Activist investors and the board

iRobot Corp.; James Hamilton, director, BlackRock Investment Stewardship; and Maureen T. Wolff, CEO, Sharon Merrill Associates Inc. What are some of the most challenging shareholder-activism issues boards will have to grapple with in 2019 and 2020 ...
Posted: June 18, 2018, 7:00 am

Could iRobot Corporation Be a Millionaire Maker Stock?

iRobot Corporation's (NASDAQ: IRBT) stock has fallen nearly 40% from its 52-week high as everything from concerns over holiday discounting to weaker than expected guidance have hit the stock. Through it all, however, revenue and net income have continued ...
Posted: June 11, 2018, 7:04 am

Automation: How iRobot's Roomba vacuum cleaner became part of the family

An executive guide to the technology and market drivers behind the $135 billion robotics market. Read More ZDNet talked to the CEO and co-founder of iRobot, Colin Angle, to discover the story of the Roomba's development and why people get so attached to ...
Posted: June 15, 2018, 2:46 am
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