iRobot Drops Its Patent Hammer on Shark
It's no mystery that iRobot's (NASDAQ: IRBT) flagship Roomba robotic vacuum cleaners (RVCs) have endured an onslaught of new competitors in recent years, both from little-known upstarts and traditional upright-vacuum industry leaders alike. And that's a good thing, according to iRobot executives, who have repeatedly insisted that -- more than anything -- the ramp up in competition serves to validate the long-term viability of the robotic-vacuum market.
But that competition must also be fair, particularly as it pertains to the intellectual property stemming from iRobot's outsized focus on research and development. As such, iRobot has no qualms with enforcing its patents through litigation, if need be.
To that end, late Tuesday, iRobot dropped its patent hammer on SharkNinja, filing a motion for a preliminary injunction ordering the company to halt sales and distribution of its new Shark IQ Robot vacuum.
Source Fool.com
