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, 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, ...
iRobot could soon be out of business, the Roomba's creator admitting that there's "substantial doubt about [its] ability to continue as a going concern." It's a drastic fall for the company whose ...
iRobot, the maker of the Roomba robot vacuum cleaner, filed for Chapter 11 bankruptcy protection this week after years of mounting financial struggles and a failed $1.4 billion acquisition deal with ...
After 35 years of being in the robot vacuum cleaner business, iRobot has filed for Chapter 11 bankruptcy. Despite this, iRobot is going private as it’s been bought by Picea Robotics – so what does ...
Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35%, ...
IRobot, a U.S. robotics company once courted by Amazon, will be acquired by Picea, its primary contract manufacturer. The transaction is part of a Chapter 11 restructuring process filed Sunday in U.S.