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.
6don MSN
The Roomba Was a Disappointment
The best-known manufacturer of autonomous vacuums declared bankruptcy this week, and no one should be surprised.
Many smart vacuums rely on a constant cloud connection to work. So what happens when their companies shut down those servers?
Tech company iRobot (NASDAQ: IRBT), the maker of household vacuums and cleaning robots that include Roomba and Braava, filed ...
MySuncoast.com on MSN
Market Monday: iRobot declares bankruptcy amid tariff pressures
iRobot, the company behind the popular Roomba vacuum cleaner, has declared bankruptcy after its stock plummeted from pandemic ...
iRobot dominates the category through decades of refinement that established Roomba as the generic term for robot vacuums, similar to how Kleenex represents tissue. This r ecord-low deal includes the ...
The company may be changing, but the app, customer programs, and ability to purchase new products will not be affected.
The Roomba maker's debts include $100 million to Chinese robotics manufacturer Picea, and $3.4 million to U.S. Customs and ...
ZME Science on MSN
Smart Vacuum Companies Are Monetizing Maps of Your House
“There’s an entire ecosystem of things and services that the smart home can deliver once you have a rich map of the home that ...
Major stock indexes finished lower to begin the last full trading week of the year, with AI-tied shares again weighing on the ...
Rob Reiner and Michele Singer Reiner's son Nick has been arrested in connection with their deaths. And, authorities have ...
Talk about a jittery market. Shares of ServiceNow dropped 11.5% on Monday after a weekend report that the enterprise software ...
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