By Zacks Investment Research : iRobot Corp. ( IRBT ) offers very unique products as well as strong growth at a reasonable price. Now is a good time to take a look at this Zacks #1 Rank (Strong Buy). Company Description iRobot is not the latest gadget from Apple or a Will Smith movie, it is a ... The Roomba ( IRBT ) has broken out of the living room and made its way to the data center. Leveraging the iRobot Create platform, IBM is using a modified version of the vacuum-cleaning robot to plot temperature and humidity patterns in its data centers, as well as (with the help of RFID tags) ... On Tuesday, iRobot IRBT reported second-quarter results that reflected continued challenges in the firm's military division, but these headwinds were more than offset by stellar performance in the firm's home-robot segment. The company's government business again saw a massive slide in revenue, ... On Monday, iRobot IRBT announced that it will spend $74 million to acquire Evolution Robotics, maker of the Mint robot, a competitor to iRobot's robotic cleaning offerings. IRobot will fund the deal with cash on hand (which totaled about $177 million at the end of the second quarter), and at first ... On Tuesday, iRobot IRBT reported first-quarter revenue results that were slightly better than we had expected, but weak defense demand nonetheless more than offset continued solid home-robot segment growth. With this lower sales base, the company's profitability fell sharply, as the firm's defense ... By Chris Katje : Recently, shares of iRobot ( IRBT ) shot up on news that the FDA had approved its RP-VITA navigation robot . The company behind the Roomba vacuums will now be coming to a hospital room near you. Before then, you should consider investing in the company as it will see record revenue ... IRobot's military business is suffering, but home and health robots should drive further growth. IRobot's military offerings are likely to see increased production during the next several years. On Tuesday, narrow-moat iRobot IRBT reported first-quarter results that exceeded our expectations. The company's top-line growth was again solid, led by home robots, and cost-savings efforts helped to boost operating margins to 8.4%, far surpassing last year's 0.7%. With the improved results in ... IRobot's IRBT third-quarter results, reported Wednesday, reflect continued strong international home robot demand, increased government orders, and the firm's solid cost control. Overseas markets--a key growth realm for iRobot's first half 2010--continued their tremendous gains and remained above ...