iRobot has several lawn mower patents going back several years, including 2014 highly-detailed ones... Does anyone have any news at all about when iRobot plans to move forward with the commercialization of a new lawn mower???
seems like Deere would be a great suitor to purchase irbt. they could apply their tech to countless applications within their business. The telepresence and medical arm could easily be spun off by DE to someone else. Vacuums too though if I was Deere I'd hang on to everything except telepresence. All speculation on my part... but makes a lot of sense doesn't it?
Deere, with a 31 Billion + market cap and a decent balance sheet, likely could buy iRobot if they wanted to. The two companies have worked together a bit in the past on a military vehicle, and I am sure that the management teams know each other. But iRobot's business is not really in Deere's sweet spot, so I think an acquisition would be only a very remote possibility.