robot maker going public
iRobot, the makers of the Roomba vacuuming robot, Scooba floor-cleaning robot, and Packbot military robot, has gone public. The company issued 5 million shares at a price of $24 per share, 700 thousand more shares than they had initially planned to sell and at a higher price than the $21-$23 per share that they had expected to sell.
One of the founders of iRobot, Rodney Brooks, is the director of the Artificial Intelligence Laboratory at MIT. He's also one of my personal favorite scientists for his work in subsumption architecture. But then, I'm a robot geek.
Technorati Tags: Robots, Artificial Intelligence
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