Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. GlobalData Plc
  6. News
  7. Summary
    DATA   GB00B87ZTG26

GLOBALDATA PLC

(DATA)
  Report
Delayed London Stock Exchange  -  11:35 2022-10-04 am EDT
1035.00 GBX    0.00%
09/29Globaldata : UK to account for 29% of Europe working gas capacity additions through 2026, forecasts GlobalData
PU
09/29Globaldata : Pipeline systemic atopic dermatitis treatments for children offer hope for severe cases, says GlobalData
PU
09/29Globaldata : Renewable power is the key for Germany to overcome potential energy crisis following Russia-Ukraine conflict, says GlobalData
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

GlobalData : Amazon aims to take consumer robots mainstream with acquisition of iRobot, says GlobalData

08/09/2022 | 06:26am EDT
08 Aug 2022
Amazon aims to take consumer robots mainstream with acquisition of iRobot, says GlobalData
Posted in Thematic Research

Following the news that Amazon has acquired iRobot;

Snigdha Parida, Senior Analyst at GlobalData, a leading data and analytics company, comments:

"Despite iRobot's longevity and brand leadership in high-tech home robots, it has remained a mid-sized enterprise. It has also experienced supply chain disruption throughout the pandemic. Amazon's sophisticated logistics ecosystem will help iRobot overcome these challenges and the acquisition will also help Amazon to develop further logistics capability as the company attempts to bring robots into mainstream home applications.

"Robotics is a fast-growing industry, with GlobalData predicting that the global robotics market will reach $568 billion by 2030. Moreover, the consumer robotics segment will reach $70 billion by 2030, having grown at a compound annual growth rate (CAGR) of 29% between 2020 and 2030.

"Amazon has aggressively built its robotics ecosystem since it acquired Kiva Systems in 2012. iRobot will enhance its presence in the consumer robotics category and accelerate its plans to add robots to its existing automated home product portfolio, such as the Echo range of smart speakers and Ring smart doorbells.

"However, the purchase of iRobot might raise monopoly concerns from regulatory bodies, given Amazon's increasing strength in consumer robots. Privacy concerns and security risks around personal data are also potential obstacles.

"GlobalData predicted that iRobot would be a takeover target in 2022 and that Amazon was one of the potential acquirers in its report, 'Mergers and Acquisitions (M&A) in Tech, Media, & Telecom (TMT) 2021 Themes'."

Disclaimer

GlobalData plc published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 10:25:06 UTC.


© Publicnow 2022
All news about GLOBALDATA PLC
09/29Globaldata : UK to account for 29% of Europe working gas capacity additions through 2026, ..
PU
09/29Globaldata : Pipeline systemic atopic dermatitis treatments for children offer hope for se..
PU
09/29Globaldata : Renewable power is the key for Germany to overcome potential energy crisis fo..
PU
09/27Globaldata : The US to lead North America's gas processing capacity additions by 2026, say..
PU
09/27Globaldata : Climate change and regulatory developments to drive South Korea reinsurance i..
PU
09/21Globaldata : Lithium shortages to severely stall advanced electric transport projects such..
PU
09/08GLOBALDATA PLC : Ex-dividend day for interim dividend
FA
09/02GlobalData Closes Acquisition of TSL Research
MT
09/02GlobalData Plc completed the acquisition of TSL Research Group Limited.
CI
08/31Globaldata : Hybrid roles rose by 31% in Q2 2022 over Q1 2022, finds GlobalData
PU
More news
Financials
Sales 2022 233 M 266 M 266 M
Net income 2022 - - -
Net Debt 2022 219 M 250 M 250 M
P/E ratio 2022 43,2x
Yield 2022 2,18%
Capitalization 1 163 M 1 315 M 1 331 M
EV / Sales 2022 5,94x
EV / Sales 2023 5,13x
Nbr of Employees 3 624
Free-Float 29,3%
Chart GLOBALDATA PLC
Duration : Period :
GlobalData Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GLOBALDATA PLC
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 1 035,00 GBX
Average target price 1 697,50 GBX
Spread / Average Target 64,0%
EPS Revisions
Managers and Directors
Michael Thomas Danson Chief Executive Officer & Director
Graham Charles Lilley Chief Financial Officer, Secretary & Director
Murray Legg Independent Non-Executive Chairman
Peter Martin Harkness Independent Non-Executive Director
Catherine Birkett Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
GLOBALDATA PLC-27.37%1 315
S&P GLOBAL, INC.-35.30%104 982
THOMSON REUTERS CORPORATION-5.89%50 470
RELX PLC-8.41%47 563
MSCI, INC.-29.56%34 743
WOLTERS KLUWER-3.49%24 306