Just hang tight because all the people working these deals have to keep their mouths shut until the deal is complete. However, the upticks of iRobot shares already indicate that some info has already slipped out because a few months ago, the daily volume was only at 300K. It has been averaging about 1 million shares these days.
iRobots has a boatload of patents. Solid international distribution channels. Jim Cramer prompting it regularly. Ebay $1000 Roomba 880s. CEO - Colin Angle has long vision. PE @ 40, not 60. Robotics consolidating in multiple areas touched by Google.
Just watched the clip. It was a terrible interview. I did like the fact that this Colin made them all smile with the microwave analogy.
If true, then awesome because we have been hearing it since day 1 of the NY Times article regarding Google buying up robotics companies left and right.
Those in the know are already aware that the 880 is one of the first vac bots able to pick up talcum powder. This is a win for iRobot.
That makes sense. Then the "internet of things" would mean iPhones controlling more physical appliances in your home if iRobot is acquired by Apple.
Sentiment: Strong Buy