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In recent years, it has faced competition from cheaper Chinese rivals, including Picea, putting pressure on sales and forcing iRobot to reduce headcount. A management shake-up in early 2024 saw the departure of its co-founder as chief executive.
Amazon proposed buying the company in 2023, seeing synergy with its Alexa-powered smart speakers and Ring doorbells.
EU regulators, however, pushed back on the deal, raising concerns it would lead to reduced visibility for rival vacuum…
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In recent years, it has faced competition from cheaper Chinese rivals, including Picea, putting pressure on sales and forcing iRobot to reduce headcount. A management shake-up in early 2024 saw the departure of its co-founder as chief executive.
Amazon proposed buying the company in 2023, seeing synergy with its Alexa-powered smart speakers and Ring doorbells.
EU regulators, however, pushed back on the deal, raising concerns it would lead to reduced visibility for rival vacuum…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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