A lack of innovation, tough competitors, and an ill-fated lifeline from Amazon humbled the Bedford-based tech legend.
Popular robot vacuum Roomba’s maker, iRobot, has filed for bankruptcy. iRobot’s business will transition to a new owner, which is also its primary manufacturer. The company has shown signs of distress ...
Sen. Elizabeth Warren and former Biden FTC Chair Lina Khan are taking heat for helping kill a deal an Amazon-iRobot deal, leading to the company going bankrupt and falling under Chinese control.
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Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuring
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn't expect any disruptions to devices as the more than 30-year-old company is taken private under a ...
There’s something painfully American about the arc of iRobot, the company that taught your vacuum to navigate around the furniture. Founded in 1990 in Bedford, Massachusetts by MIT roboticist Rodney ...
iRobot Corp's stock price is trading for a fraction of the Amazon takeover price as the deal was canceled in January 2024 due to EU regulatory scrutiny. iRobot's financial performance has declined due ...
Amazon's potential acquisition of iRobot could strengthen its at-home Alexa ecosystem and increase iRobot's share price by 3x. However, the EU Commission has expressed concerns about unfair ...
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