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submitted 1 month ago by avidamoeba@lemmy.ca to c/technology@lemmy.world

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Shenzhen-based Picea Robotics, its lender and primary supplier, will acquire all of iRobot’s shares.

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[-] Rooster326@programming.dev 7 points 1 month ago

They literally used all of their money to do stock buybacks. Imagine if they put it into R&D. Maybe they would still exist.

this post was submitted on 16 Dec 2025

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