Dyson mystery product could be Roomba killer

By | August 28, 2014

Scalper1 News

Look out, Roomba. British inventor and vacuum cleaner giant James Dyson is getting ready to take on iRobot’s (IRBT) popular home vacuuming robot. Dyson’s eponymous company released a video Tuesday that teases a Sept. 4 announcement. The cryptic video shows images of a laboratory using a wide-angle lens from the perspective of a machine near the floor. The video also has computer graphics that seem to show a robot navigation system. A description of the video says it shows “Dyson project N223,” which took 16 years, 200 engineers and an investment of 28 million British pounds ($46.4 million).  IRobot stock was down more than 3.5%, near 33, in afternoon trading on the stock market today to date, most of iRobot’s competition has come from lower-cost copycat products out of Asia. U.K.-based Dyson has been widely anticipated to enter the robotic vacuum cleaner market for some time. Earlier this year, Dyson… Scalper1 News

Scalper1 News