A lack of innovation, tough competitors, and an ill-fated lifeline from Amazon humbled the Bedford-based tech legend.
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 ...
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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 ...
iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier. The ...
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 ...
The company that makes Roomba robotic vacuums declared bankruptcy Sunday but said its devices will continue to function normally while the company restructures.
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