Before filing for Chapter 11 bankruptcy, iRobot's dominance was waning and an Amazon acquisition failed. A timeline shows the ...

Under the restructuring agreement, Picea will acquire all of iRobot's equity and take the company private. The deal is ...

Robot, the U.S. firm that had robots vacuuming homes, will be taken over by its China-based supplier. It's assuring owners ...

Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company ...

Roomba once looked like the future. Its maker, iRobot, filled American homes with small but affordable robots that helped ...

Robot filed for bankruptcy after debt, tariffs and competition crushed growth, sending its stock tumbling and ending a ...

Shares of iRobot are down 95% since 2021. iRobot’s failed acquisition by Amazon has thrown the company into disarray. Management must grapple with significant debt payments due in the next three years ...

A month has gone by since the last earnings report for iRobot (IRBT). Shares have lost about 4.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to ...

Robot, the company behind the Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy in the US as mounting debt, ...

The company behind the Roomba automatic vacuum cleaner is filing for bankruptcy and will be taken private for restructuring.

BEDFORD, Mass., Dec. 9, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it granted an equity award as a material inducement to the employment of the ...