Roomba maker iRobot filed for Chapter 11 bankruptcy protection on Sunday and said the robotic vacuum cleaner would sell itself to a Chinese contract manufacturer. Shenzhen PICEA Robotics Co., which ...
Few know Roomba wasn’t the original robot vacuum. The Swedish company Electrolux beat Roomba by one year when it brought the amusingly named Trilobite to market in 2001. It’s a surprise fact because ...
The home-vacuum robot began, like most things, with war. In August 1990, the same month and year Saddam Hussein invaded Kuwait, three MIT roboticists incorporated the company that would eventually ...
iRobot, the maker of the popular Roomba vacuum cleaner, filed for bankruptcy protection on Dec. 14, saying it would go private after being purchased by its Chinese manufacturer. In a news release on ...
iRobot, the maker of the Roomba, filed for Chapter 11 bankruptcy after financial struggles. A failed $1.4 billion Amazon acquisition contributed to iRobot's financial woes. Here's how the pioneering ...
Posts from this author will be added to your daily email digest and your homepage feed. For many, iRobot’s Roomba robot vacuum was their first experience with a home robot. When I got my Roomba in ...
iRobot files for Chapter 11 bankruptcy protection in Delaware Firm struggles with lower-priced rivals, US tariffs iRobot to be bought by primary manufacturer Picea Robotics Dec 14 (Reuters) - iRobot ...
(Bloomberg/Reshmi Basu and Dorothy Ma) — iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over ...
iRobot just filed for Chapter 11 bankruptcy, following years of declining revenue. The company was acquired by Picea Robotics, a Chinese robot vacuum manufacturer. While Roomba users will still be ...
Roomba maker iRobot filed for Chapter 11 bankruptcy protection on Sunday and said the robotic vacuum cleaner would sell itself to a Chinese contract manufacturer. Shenzhen PICEA Robotics Co., which ...
The writing has long been on the wall, but finally, the maker of the synonymous Roomba vacuum, iRobot Corporation, has filed for Chapter 11 bankruptcy as a "strategic transaction" intended to secure ...
Dec. 15 (UPI) --Picea Robotics and its partner entered into a buyout deal with Roomba producer iRobot via court-supervised bankruptcy proceedings. iRobot, the maker of the Roomba floor vacuum, ...