Amazon Pursued Roomba's Parent Once, But Now The Company's Robot Vacuums Face Heat From Chinese Rivals With AI-Powered Arms
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Amazon Pursued Roomba's Parent Once, But Now The Company's Robot Vacuums Face Heat From Chinese Rivals With AI-Powered Arms
Once a potential acquisition target for Amazon.com, Inc. (NASDAQ:AMZN), iRobot Corp (NASDAQ:IRBT) — the maker of Roomba — is now playing catch-up to hold its ground against Chinese competitors. What Happened: iRobot, the company behind the iconic Roomba vacuum, is facing mounting pressure from…
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