iRobot, the maker of the popular Roomba vacuum cleaner, filed for bankruptcy protection on Dec. 14, saying it would go private after being purchased by its Chinese manufacturer. In a news release on ...
Shares of iRobot plunged more than 30% on Wednesday after the Roomba maker said there is "substantial doubt" about its ability to stay in business. The Roomba maker faces mounting debt and sputtering ...
iRobot just filed for Chapter 11 bankruptcy, following years of declining revenue. The company was acquired by Picea Robotics, a Chinese robot vacuum manufacturer. While Roomba users will still be ...
The dual-rubber roller brushes are back, baby. The dual-rubber roller brushes are back, baby. iRobot just launched its ninth new robot vacuum of the year. That’s a record number for the company, ...
A lack of innovation, tough competitors, and an ill-fated lifeline from Amazon humbled the Bedford-based tech legend.