US Edition'It Felt so Wrong': Colin Angle on iRobot, the FTC, and the Amazon Deal that Never Was
8 Articles
8 Articles
RocketNews
‘It felt so wrong’: Colin Angle on iRobot, the FTC, and the Amazon deal that never was
When iRobot filed for Chapter 11 bankruptcy last Sunday, it marked the end of an era for one of America’s most beloved robotics companies. The Roomba maker, which had sold over 50 million robots since its 2002 launch, had survived 35 years of near-death experiences and technical challenges only to be undone by what founder Colin Angle calls “avoidable” regulatory opposition. The collapse followed Amazon’s January 2024 decision to scuttle its $1.…
TechCrunch
New Movies & TV Shows, Trailers & Reviews'It felt so wrong': Colin Angle on iRobot, the FTC, and the Amazon deal that never was
The iRobot founder opens up about the 18-month regulatory process that he says doomed the Roomba maker -- and what it means for American innovation.
Founder iRobot, Colin Angele, calls the failure of Roomba inspiring producer a tragedy that could be avoided. The company has failed after the regulatory authorities blocked the acquisition of $1.7 billion by Amazon. England considers that FTC and the European Commission have made a serious mistake, creating a previous risk for entrepreneurs. [...]
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