The maker of Roomba robot vacuums, iRobot, has filed for bankruptcy protection in Delaware. Once the company is done with its ...
From disaster zones, to oil spills, to the Great Pyramids of Giza, iRobot has taken its robot everywhere in its 35 years.
Roomba maker iRobot has filed for bankruptcy after 35 years, citing debt pressures, weak demand and rising competition.
The company will go private after handing control to Shenzhen PICEA Robotics. Read more at straitstimes.com. Read more at ...
The stock appears inexpensive based on sales metrics, yet that seeming “value” rests on a troubled balance sheet and a ...
The original Roomba was the first robot vacuum in the US, and the second ever made, following Electrolux’s Trilobite the year ...
Before filing for Chapter 11 bankruptcy, iRobot's dominance was waning and an Amazon acquisition failed. A timeline shows the ...
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Under the so-called pre-packaged Chapter 11 process, the main maker of its devices will take ownership of the firm.
The American company behind the robot vacuum cleaner Roomba has filed for bankruptcy after 35 years in business.
In last month’s corporate filings, iRobot warned it could file for bankruptcy. The company owes nearly $100 million to ...
Stocks are drifting on Wall Street following mixed data on the U.S. economy, which did little to clear up uncertainty about ...
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