Popular robot vacuum Roomba’s maker, iRobot, has filed for bankruptcy. iRobot’s business will transition to a new owner, which is also its primary manufacturer. The company has shown signs of distress ...
iRobot, the maker of the Roomba, filed for Chapter 11 bankruptcy after financial struggles. A failed $1.4 billion Amazon acquisition contributed to iRobot's financial woes. Here's how the pioneering ...
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 ...
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 ...
Amazon's acquisition of iRobot fell through and the stock has been in a free fall ever since. The stock trades at a cheap price and could have huge upside if it regains investors' confidence. The ...
A lack of innovation, tough competitors, and an ill-fated lifeline from Amazon humbled the Bedford-based tech legend.
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