The marketplace was not a level playing field,” Colin Angle said, noting China has incentives and discounts for consumers who buy domestic products.
iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday and is pursuing a buyout from its primary manufacturer in China after the company's acquisition by Amazon was ...
iRobot has filed for Chapter 11 bankruptcy after 35 years of manufacturing robot vacuum cleaners and mops. iRobot has been bought by Picea Robotics and there should be no immediate disruption for ...
iRobot files for Chapter 11 bankruptcy protection in Delaware Firm struggles with lower-priced rivals, US tariffs iRobot to be bought by primary manufacturer Picea Robotics Dec 14 (Reuters) - iRobot ...
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 ...
(Bloomberg/Reshmi Basu and Dorothy Ma) — iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over ...
iRobot just filed for Chapter 11 bankruptcy, following years of declining revenue. The company was acquired by Picea Robotics, a Chinese robot vacuum manufacturer. While Roomba users will still be ...
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 ...
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 ...
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 ...
iRobot announced the Chapter 11 yesterday. iRobot and certain of its affiliates voluntarily commenced a pre-packaged chapter 11 process in the District of Delaware (the “Court”). The Company expects ...
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