It was a stunning turn of events when iRobot canceled its fourth quarter meeting in March, saying the company has had “substantial doubt” about its ability to stay afloat. It was a far cry from the ...

US-based iRobot, which was once considered one of America's biggest consumer electronics companies, filed for bankruptcy last week. Now, Colin Angle, the co-founder and former CEO of the Roomba robot ...

iRobot, the owner of the Roomba robot vacuum, has filed for Chapter 11 bankruptcy, stating that it will be acquired by its contract manufacturer, Picea Robotics. The Chinese based company assumed ...

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 ...