After 35 years, the maker of the Roomba robot vacuum filed for bankruptcy protection late Sunday night. Following warnings ...
Robot survived three decades of competition, but couldn't survive European regulators killing its Amazon buyout. Now it's ...
The stock appears inexpensive based on sales metrics, yet that seeming “value” rests on a troubled balance sheet and a ...
Robot , the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private ...
US-listed iRobot said Shenzhen-based Picea Robotics, its lender and main manufacturer, will buy all iRobot’s shares as part ...
Futures tracking the Dow Jones Industrial Average rose 236 points, or 0.5%. S&P 500 futures added 0.5%, and contracts tied to the tech-heavy Nasdaq 100 were also up 0.5%.
While iRobot is selling itself off as scrap, let's remember what actually makes a good robovac.
Robot files for Chapter 11, with Roomba maker set to be acquired by Shenzhen Picea, aiming to revive operations after years ...
Robot CEO Gary Cohen stated that the transaction will "strengthen our financial position and will help deliver continuity for ...
Picea Robotics and a business partner revealed it entered into a buyout deal with Roomba producer iRobot via court-supervised ...
The story leading up to the bankruptcy and buyout is a sad tale of a company losing its edge and then being repeatedly kicked ...
After 35 years in business, iRobot, popularly known for its home vacuuming robot Roomba, has filed for chapter 11 bankruptcy in the US.