Company's secured lender and key supplier, Picea, to acquire iRobot through court-supervised chapter 11 process.
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 , the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private ...
While iRobot is selling itself off as scrap, let's remember what actually makes a good robovac.
The company that pioneered the US robot vacuum market is no longer setting the pace in it. Here's what's to come.
The original Roomba was the first robot vacuum in the US, and the second ever made, following Electrolux’s Trilobite the year ...
The best-known manufacturer of autonomous vacuums declared bankruptcy this week, and no one should be surprised.
Robot survived three decades of competition, but couldn't survive European regulators killing its Amazon buyout. Now it's ...
Before filing for Chapter 11 bankruptcy, iRobot's dominance was waning and an Amazon acquisition failed. A timeline shows the ...
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to ...
The iRobot Roomba holds an excellent track record for offering functionality, performance, and aesthetics all rolled into one. The Roomba series provides users with machines that come with impressive ...
Many smart vacuums rely on a constant cloud connection to work. So what happens when their companies shut down those servers?