iRobot Corp. (IRBT) Acquires Distribution Business of Tokyo-Based Sales On Demand Corporation

Needham & Company Reiterates Hold as iRobot Corp. (IRBT) Announces SDOC Acquisition

Needham & Company reiterated a Hold rating on iRobot Corporation (NASDAQ: IRBT) following the company's announced agreement to acquire Sales On Demand Corporation. The acquisition of SODC, which had an exclusive distribution arrangement with IRBT, is consistent with the company's strategy to take more... More