{"id":577726,"date":"2024-02-01T17:39:29","date_gmt":"2024-02-01T22:39:29","guid":{"rendered":"https:\/\/www.therobotreport.com\/?p=577726"},"modified":"2024-02-01T18:09:55","modified_gmt":"2024-02-01T23:09:55","slug":"whats-next-for-irobot","status":"publish","type":"post","link":"https:\/\/www.therobotreport.com\/whats-next-for-irobot\/","title":{"rendered":"What&#8217;s next for iRobot?"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https%3A\/\/api.soundcloud.com\/tracks\/1734862464&amp;color=%23ff5500&amp;auto_play=false&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;show_teaser=true\" width=\"100%\" height=\"166\" frameborder=\"no\" scrolling=\"no\"><\/iframe><\/p>\n<div style=\"font-size: 10px; color: #cccccc; line-break: anywhere; word-break: normal; overflow: hidden; white-space: nowrap; text-overflow: ellipsis; font-family: Interstate,Lucida Grande,Lucida Sans Unicode,Lucida Sans,Garuda,Verdana,Tahoma,sans-serif; font-weight: 100;\"><a style=\"color: #cccccc; text-decoration: none;\" title=\"The Robot Report Podcast\" href=\"https:\/\/soundcloud.com\/robot-report-podcast\" target=\"_blank\" rel=\"noopener\">The Robot Report Podcast<\/a> \u00b7 <a style=\"color: #cccccc; text-decoration: none;\" title=\"What's next for iRobot?\" href=\"https:\/\/soundcloud.com\/robot-report-podcast\/what-happens-next-to-irobot\" target=\"_blank\" rel=\"noopener\">What&#8217;s next for iRobot?<\/a><\/div>\n<div>&nbsp;<\/div>\n<div>In this episode, Steve Crowe, Mike Oitzman and Gene Demaitre discuss the <a href=\"https:\/\/www.therobotreport.com\/irobot-terminates-deal-with-amazon-laying-off-31-of-staff\/\">termination of Amazon&#8217;s proposed acquisition of iRobot<\/a>. As a result of the terminated deal, iRobot CEO and co-founder Colin Angle is stepping down, and the company is laying off 31% of its employees.<\/div>\n<div>&nbsp;<\/div>\n<div>The companies signed the proposed acquisition agreement on Aug. 4, 2022. Amazon would have acquired the Bedford, Mass.-based robotic vacuum vendor for up to <a href=\"https:\/\/www.therobotreport.com\/amazon-buying-irobot-for-1-7b\/\">$1.7 billion in cash<\/a>. That amount was lowered to $1.42 billion after iRobot acquired new debt, and it <a href=\"https:\/\/www.therobotreport.com\/irobot-laying-off-10-of-staff\/\">laid off 10% of its staff<\/a>, or about 140 employees in August 2022.<\/div>\n<div>&nbsp;<\/div>\n<div>We discuss iRobot&#8217;s history, its remarkable success in consumer robotics, potential reasons why the deal failed, and what might be next for iRobot.<br \/>\n&nbsp;<br \/>\nIf you like the show, please like and subscribe and share this with another colleague who might be interested.<\/div>\n<div>&nbsp;<\/div>\n<div><hr \/>\r\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-568305\" src=\"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2024\/01\/RSE24_728x90_RegOpen_Vs1.jpg\" alt=\"SITE AD for the 2024 Robotics Summit registration.\" width=\"728\" height=\"90\" \/><a href=\"https:\/\/www.roboticssummit.com\/\">Learn from Agility Robotics, Amazon, Disney, Teradyne and many more.<\/a><\/p>\r\n\r\n\r\n<hr \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this episode, Steve Crowe, Mike Oitzman and Gene Demaitre discuss the termination of Amazon&#8217;s proposed acquisition of iRobot.<\/p>\n","protected":false},"author":90,"featured_media":577727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rbr50_analysis":"","rbr50_state":"","rbr50_country":"","rbr50_description":"","rbr50_numemps":"","rbr50_text_taxonomy_radio":null,"rbr50_text_taxonomy_select":null,"rbr50_url":"","rbr50_yearfounded":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[2237,1380,1401,2131,3105],"tags":[1879,10],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What&#039;s next for iRobot? 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