Robot has struggled with sales in recent years amid growing foreign competition and supply chain issues. A China-based ...

The original Roomba was the first robot vacuum in the US, and the second ever made, following Electrolux’s Trilobite the year ...

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

Robot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for ...

US-listed company, whose profits have been in decline since the pandemic, will be taken over by Picea ...

The stock appears inexpensive based on sales metrics, yet that seeming “value” rests on a troubled balance sheet and a ...

Robot’s Chapter 11 bankruptcy has sparked intense reactions, with opinions on regulation, innovation, manufacturing, and ...

It was back in March when iRobot warned investors that it might not survive the next 12 months. With revenue shrinking at a ...

Vacuum robot maker IRobot filed for bankruptcy and will be acquired by Chinese supplier Picea Robotics, ending its ...

Robot, maker of Roomba, files for Chapter 11 bankruptcy after rising Chinese competition, tariffs, and a failed Amazon deal, ...

Robot Corp., the maker of the Roomba robotic vacuum, filed for Chapter 11 bankruptcy protection on Monday, triggering a sharp ...

Robot, the company behind Roomba vacuum cleaners, has filed for bankruptcy and plans to go private following an acquisition by Picea.