The fall from grace is now legally binding: iRobot has finally filed for bankruptcy after years of tanking revenue. Current ...
The company that pioneered the US robot vacuum market is no longer setting the pace in it. Here's what's to come.
Robot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for ...
Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company ...
The bankruptcy announcement comes after cash struggles and a failed acquisition by Amazon.
Carlyle Group Inc. has lost more than $100 million on a loan it provided to now-bankrupt Roomba maker iRobot Corp., according ...
Before filing for Chapter 11 bankruptcy, iRobot's dominance was waning and an Amazon acquisition failed. A timeline shows the ...
Robot, the U.S. firm that had robots vacuuming homes, will be taken over by its China-based supplier. It's assuring owners ...