Regulators warned Amazon’s iRobot deal would hurt consumers. Instead, the Roomba maker collapsed and sold to China.
Since its inception, iRobot has epitomized the synergy between groundbreaking technology and practical innovation. Over three and a half decades, ...
Remember when the Roomba was just a revolutionary vacuum cleaner stalking your late-night infomercial binge? It simply hissed and glided from room to room, sucking up every dust particle in its path.
It was a stunning turn of events when iRobot canceled its fourth quarter meeting in March, saying the company has had “substantial doubt” about its ability to stay afloat. It was a far cry from the ...
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.
Robot files for Chapter 11, paving the way for a takeover by manufacturer Picea as tariffs, debt and competition erode the ...
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