iRobot Ventures, the strategic investment arm of iRobot, has invested in Intuition Robotics, a developer of social companion technologies.
Hoover is undergoing a major rebranding effort, which looks to build on the brand’s heritage while modernizing the way it is perceived in the marketplace. The new campaign, “A New Generation of Clean,” builds upon the brand’s legacy while addressing the needs of today’s active family, the company said.
iRobot Corp. reported revenue for the full year 2016 was $660.6 million, compared with $616.8 million for the full year 2015. Net income for the fiscal year was $41.9 million, compared with $44.1 million for the full year 2015.
Dyson is relocating its U.S. headquarters from its current location in the River North area of Chicago to the Fulton Market District, according to a report in Crain’s Chicago Business. The move is expected to be completed by the end of 2017.
iRobot Corp. has named Elisha Finney, evp/chief financial officer at Varian Medical Systems, to its board of directors.
Black+Decker has expanded its floor care portfolio and entered the robotic vacuum market with its Smartech robotic vacuum line. The new robotic vacuums connect to the brand’s mobile app via Bluetooth, allowing users to control the vacuums from their smartphone.
LG Electronics will introduce the next generation of its CordZero premium vacuum cleaners at CES 2017, to be held in Las Vegas this week.
Samsung is expanding its Powerbot line of vacuum cleaners with the forthcoming debut of its VR7000 unit at the upcoming Consumer Electronics Show in Las Vegas.
Ecovacs Robotics will advance its smart home product line with the launch of Unibot, a multifunctional home management robot. The robot will be showcased at CES 2017, held in Las Vegas January 5 through 8.