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

    • Avid Amoeba@lemmy.caOP
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      2 months ago

      There are counterexamples for sure but there are whole indistries that fell over to this pattern. E.g. TVs.

    • cleverusernametry@lemmy.world
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      2 months ago

      They’ll be gone as well once RISCV is more pervasive. Companies that sit on their IP and charge licensing fees deserve to die.

      • NaibofTabr
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        2 months ago

        …maybe? I’m not so much of an absolutist… I think there’s room in the world for companies that focus on design over production…