The marketplace was not a level playing field,” Colin Angle said, noting China has incentives and discounts for consumers who buy domestic products.
The writing has long been on the wall, but finally, the maker of the synonymous Roomba vacuum, iRobot Corporation, has filed for Chapter 11 bankruptcy as a "strategic transaction" intended to secure ...
Roomba maker iRobot has filed for Chapter 11 bankruptcy in the District of Delaware, capping off several difficult years of financial woes for the U.S. robot vacuum company. Announced on Sunday, ...
There’s something painfully American about the arc of iRobot, the company that taught your vacuum to navigate around the furniture. Founded in 1990 in Bedford, Massachusetts by MIT roboticist Rodney ...
Roomba maker iRobot filed for Chapter 11 bankruptcy protection on Sunday and said the robotic vacuum cleaner would sell itself to a Chinese contract manufacturer. Shenzhen PICEA Robotics Co., which ...
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a ...
With Monday's losses, iRobot shares have lost about 85% of their value in 2025. Roomba robot vacuum maker iRobot announced a Chapter 11 bankruptcy filing on Sunday. A deal for Amazon to buy the ...
iRobot, which brought robotic vacuum cleaners to the masses with its iconic Roomba models, has filed for Chapter 11 bankruptcy. The Massachusetts-based company plans to sell all assets to its primary ...
Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor. By Meaghan Tobin and Xinyun Wu Reporting from ...
Bedford-based iRobot, which makes Roomba robotic vacuums, launched a Chapter 11 bankruptcy process over the weekend with the end goal of transferring ownership to a Chinese group. "Today's ...
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 ...
Shares of iRobot Corporation (Nasdaq: IRBT), maker of the Roomba autonomous vacuum cleaner, are crashing today after the company announced that it will seek Chapter 11 bankruptcy protection. As of ...