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iRobot is now 100% owned by Shenzhen Picea Robotics of China. (https://www.sec.gov/Archives/edgar/data/1159167/000115916726000006/exhibit991.htm https://www.sec
by kaonwarb 23d ago
iRobot is now 100% owned by Shenzhen Picea Robotics of China. (https://www.sec.gov/Archives/edgar/data/1159167/000115916726000006/exhibit991.htm https://www.sec.gov/Archives/edgar/data/1159167/000115916726...)
- Grombobulous 23d agoYes, that's a very good company to be the owner of iRobot, because they are just a robot factory and not a near-monopoly e-commerce retailer. They are essentially on equal footing with other robotic vacuum manufacturers. iRobot didn't go out of business or get absorbed into a larger company lowering competition in the marketplace. It's also not the FTC's job to ensure that companies, especially ones with zero/trivial national security or domestic labor force value, remain under domestic ownership. Amazon itself is not really a "domestic" company, it's publicly traded. Anyone from any non-sanctioned country can buy shares of Amazon.
- kaonwarb 23d agoHow would you define a domestic company?
- robocat 23d ago> zero/trivial national security Huh? Robots with vision + sounds sensors and connected to the internet in professional homes across your country are definitely a security issue. https://www.abc.net.au/news/2024-10-05/robot-vacuum-deebot-ecovacs-photos-ai/104416632 https://www.abc.net.au/news/2024-10-05/robot-vacuum-deebot-e... One of the leaked images taken by Roomba robot vacuums shows a lady sitting on her toilet - personal.
- deleted 23d ago[deleted]
- Grombobulous 23d agoDoes that have military value? I think it's more of a personal security issue.