iRobot is now 100% owned by Shenzhen Picea Robotics of China. (https://www.sec.gov/Archives/edgar/data/1159167/000115916726...)
iRobot is now 100% owned by Shenzhen Picea Robotics of China. (https://www.sec.gov/Archives/edgar/data/1159167/000115916726...)
Yes, 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.
> 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-e...
One of the leaked images taken by Roomba robot vacuums shows a lady sitting on her toilet - personal.
How would you define a domestic company?