Roombas are an extremely popular brand of robot vacuum cleaners. iRobot holds a commanding 42 percent market share in the U.S ...
Robot just declared chapter 11 bankruptcy. And though it’s being bought out, it’s hard to tell what that means for Roomba ...
The marketplace was not a level playing field,” Colin Angle said, noting China has incentives and discounts for consumers who ...
Before filing for Chapter 11 bankruptcy, iRobot's dominance was waning and an Amazon acquisition failed. A timeline shows the ...
The best-known manufacturer of autonomous vacuums declared bankruptcy this week, and no one should be surprised.
Robot, the maker of Roomba, filed for bankruptcy due to intense Chinese competition and failed regulatory approvals.
While iRobot is selling itself off as scrap, let's remember what actually makes a good robovac.
The fall from grace is now legally binding: iRobot has finally filed for bankruptcy after years of tanking revenue. Current ...
Two decades after it ignited a market for robot vacuums in homes, iRobot has filed for Chapter 11 bankruptcy protection. The ...
The company was founded in Massachusetts in 1990. Now, it's selling to a Chinese manufacturing company while navigating ...
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to ...
Shares of iRobot plummeted Monday after the Roomba robot vacuum maker announced a Chapter 11 bankruptcy filing on Sunday.