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iRobot Corporation Message Board

mergandacqman 4 posts  |  Last Activity: Aug 20, 2014 5:03 PM Member since: Sep 27, 2007
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    Any news about iRobot lawn mower?

    by mergandacqman Aug 20, 2014 8:15 AM
    mergandacqman mergandacqman Aug 20, 2014 5:03 PM Flag

    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.

    Sentiment: Buy

  • mergandacqman by mergandacqman Aug 20, 2014 8:15 AM Flag

    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???

    Sentiment: Strong Buy

  • mergandacqman by mergandacqman Aug 5, 2014 1:27 PM Flag

    Does anyone have any news about the release / production of the iRobot Lawn Mower? I noticed that that iRobot has received a new patent on its lawn mower earlier in the year, and I found one third-party presentation already forecasting lawn mower revenue as early as Q4 2014. Any news out there on this subject? Thanks.

    Sentiment: Strong Buy

  • Whoever thinks iRobot is just a vacuum cleaner company is really missing the bigger picture. The advanced autonomous navigation capabilities and patents, the early Ava 500 and RP-VITA autonomous robots, the recent hand/gripping (including door opening) and stair-climbing patents, the improving two-way communication capabilities, the late 2012 purchase of Evolution Robotics and all of the low-cost navigation technologies, expertise (including iRobot's CTO) and patents that came with the acquisition, all point to so many new iRobot opportunties coming up in the near future. And, of course, even as these higher-level robot applications come to fruition, the near-term cash-flow will continue to be generated by the much-improved existing cleaning line (vacuuming, mopping, swifting), along with a nice new lawn mowing robot (many patents but not yet commercialized). We, my friends, are seeing the beginning of an amazing growth story.

    Sentiment: Strong Buy

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