this post was submitted on 12 Mar 2025
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iRobot is likely to collapse within 12 months. (www.theregister.com)
submitted 18 hours ago by Tea@programming.dev to c/technology@lemmy.world
114 comments fedilink hide all child comments
 

Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant's takeover offer, has warned investors it may not survive the next 12 months.

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[–] Glitchvid@lemmy.world 80 points 18 hours ago (2 children)

Don't worry, the new strategy is to string a company along with talks of a buyout, then when their cash runs out and they declare bankruptcy, to buy all the assets on fire sale.

[–] sunzu2@thebrainbin.org 22 points 18 hours ago

Owners of the take over target shoulda worked harder and maybe ate less avocado toast?

[–] SpaceNoodle@lemmy.world 6 points 17 hours ago (2 children)

fire tablet, fire phone, fire sale!

[–] lka1988@lemmy.dbzer0.com 1 points 1 hour ago

'member the HP Touchpad? I 'member...