Get the most out of Ro­bot­ics Business Review!



Sign up for a Robotics Business Review Membership
The #1 resource reporting and analyzing up-to-the-minute business developments, technology developments and financial transactions across the fast-changing landscape of global robotics. Includes full access to the RBR50 — complete profiles and analysis on the Top 50 compelling robotics companies worldwide. Get an insider's edge to must-have business and industry news with Robotics Business Review — affordable, convenient and powerful. Stay industry focused, save time and make better decisions, learn more or join today.
Learn more about membership benefits or join and become a member today!



iRobot Corporation
Background
iRobot Corporation designs and builds robots for the consumer, government, and industrial markets. iRobot was founded in 1990 when Massachusetts Institute of Technology roboticists Colin Angle and Helen Greiner teamed up with their professor Dr. Rodney Brooks with the vision of making practical robots a reality.

The company offers consumer products, such as floor vacuuming robots, floor washing robots, pool cleaning robots, gutter cleaning robots, and programmable robots.

Its government and industrial products include the 510 PackBot line of small, unmanned ground robots; and the 310 small unmanned ground vehicle (SUGV) and 320 SUGV multi-purpose ground robots that perform battlefield reconnaissance and bomb disposal, as well as the 210 Negotiator for state and local police, and first responders.

iRobot has also entered the health care market, in partnership with InTouch Health, by providing the navigational technology for the RP-VITA telepresence robot.

In May 2008, UW licensed iRobot Corporation to build standard Seagliders, an underwater vehicle designed for oceanic missions to measure temperature, salinity, depth-averaged current, and other data for scientific and military planners. However, on Dec 28, 2012 the company closed their Maritime Systems Division in Durham, NC and will not accept any new orders. They service existing Seaglider customers from their Bedford, MA, offices.

In 2012, iRobot acquired competitor Evolution Robotics, a provider of mint cleaning robotic technology.

It sells its robots through chain stores and other national retailers, as well as through its on-line store to consumers, the U.S. military, and other government agencies worldwide. iRobot Corporation was incorporated in 1990 and is headquartered in Bedford, Massachusetts.


Contact Info
8 Crosby Drive
Bedford, MA, 01730
United States
Tel: 781.430.3000
Fax: 781.430.3001
http://www.irobot.com
Company Leadership

Colin Angle, Co-Founder, Chairman & CEO
John Leahy, CFO
Joseph Dyer, COO


Market Segments

iRobot Corporation Analyst Outlook
The stock is trading down again on Wednesday as investors fret over the short-term earnings hit instead of the long-term benefits of the new products and technology.

iRobot Corporation in the News
InTouch patents found invalid, VGo claims victory for more affordable healthcare
More about iRobot Corporation from Robotics Business Review

This is a preview of RBR50 data. Please register to view the entire company profile.
Get premium access to all RBR content, join today!
Get your premium membership today!
Already a member? Log in.





Special Focus: Top Transactions
Top Transactions

All of the robotics industry’s top reported orders, sales, investments, mergers & acquisitions and financial events of 2012 now available in one downloadable doc!


Medrobotics Closes on $10M in Financing

Robotics’ Top Transactions 2012

Finally, UK Funds Big Boost in Robotics: $55M

Persimmon Technologies Closes Series B Funding with $5.8M

Medrobotics Completes $33.6M in Series D Financing
More in Top Transactions