A lack of innovation, tough competitors, and an ill-fated lifeline from Amazon humbled the Bedford-based tech legend.
iRobot, the maker of the Roomba, filed for Chapter 11 bankruptcy after financial struggles. A failed $1.4 billion Amazon acquisition contributed to iRobot's financial woes. Here's how the pioneering ...
Remember when the Roomba was just a revolutionary vacuum cleaner stalking your late-night infomercial binge? It simply hissed and glided from room to room, sucking up every dust particle in its path.
The future of the 35-year-old company behind the Roomba is uncertain. iRobot has warned that it is running out of options and cash. The company said it may be forced to fold or seek bankruptcy ...
iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary manufacturer. The company, ...
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn't expect any disruptions to devices as the more than 30-year-old company is taken private under a ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
Roomba maker iRobot filed for Chapter 11 bankruptcy protection on Sunday and said the robotic vacuum cleaner would sell itself to a Chinese contract manufacturer. Shenzhen PICEA Robotics Co., which ...
iRobot, the company behind the Roomba robot vacuums, has filed for bankruptcy. The company declared it would go private after being bought by Chinese manufacturer Picea Robotics. After initial ...
Roomba maker iRobot has filed for Chapter 11 bankruptcy in the District of Delaware, capping off several difficult years of financial woes for the U.S. robot vacuum company. Announced on Sunday, ...
Sen. Elizabeth Warren and former Biden FTC Chair Lina Khan are taking heat for helping kill a deal an Amazon-iRobot deal, ...