Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company ...
Robot, which brought robotic vacuum cleaners to the masses with its iconic Roomba models, has filed for bankruptcy.
Robot, the company that brought robotic vacuum cleaners into millions of homes worldwide, has filed for Chapter 11 bankruptcy protection after 35 years in business.
Robot CEO Gary Cohen stated that the transaction will "strengthen our financial position and will help deliver continuity for ...
The company that pioneered the US robot vacuum market is no longer setting the pace in it. Here's what's to come.
Roomba maker iRobot sought Chapter 11 protection as debt, Chinese competition, and a 46% Vietnam tariff crushed margins. The ...
The simplest explanation for why the Roomba has struggled so much in recent years is an inability to compete with cheaper Chinese alternatives that are rushing out of factories. In recent years, ...
For consumers, the biggest shift may come down the road: owners worry that the devices might 'brick'.
As of Wednesday, December 10, iRobot Corporation’s IRBT share price has surged by 28.17%, which has investors questioning if ...
Mitsubishi Electric Corporation (TOKYO: 6503) announced today that in collaboration with Professor Toshiaki Kamachi and colleagues from the School of Life Science and Technology at Institute of ...
MOUNTAIN VIEW, Calif. (AP) — Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, ...
Panasonic, a leading provider of ventilation and sustainable home comfort solutions, today announces its new Whisper Symphonytm exhaust fan, now available for purchase in stores and online at The Home ...