Amazon Pursued Roomba's Parent Once, But Now The Company's Robot Vacuums Face Heat From Chinese Rivals With AI-Powered Arms

Once a potential acquisition target for Amazon.com, Inc. (NASDAQ:AMZN), iRobot Corp (NASDAQ:IRBT) — the maker of Roomba — is now playing catch-up to hold its ground against Chinese competitors. What Happened: iRobot, the company behind the iconic Roomba vacuum, is facing mounting pressure from…