Feb 062016
 
iRobot 710 Kobra

iRobot® 710 Kobra™

In a press release yesterday, iRobot, maker of the impossibly cute Roomba robot vacuum cleaners, announced that they are emancipating their Robot Defense & Security (D&S) unit. The yet-to-be-named new company will continue to serve the current D&S market of defense, law enforcement, and industrial organizations. The existing D&S management team will continue to lead the new company. Financial backing to the tune of $45 million will be provided by Arlington Capital Partners.
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