iRobot survived three decades of competition, but couldn't survive European regulators killing its Amazon buyout. Now it's being taken over by its own supplier in bankruptcy court.
Roomba maker iRobot has filed for bankruptcy – and customers are worried that their pricey vacuums could stop working. The 35-year-old, publicly held company will be taken over by its Chinese ...
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 ...
iRobot, the pioneering American maker of the Roomba, once the leader in robot vacuums, said that it had filed for bankruptcy and that control of the company will be taken over by its Chinese supplier.
Shares in iRobot traded at about $4 a share on Friday, well below the $52 a share offered by Amazon. “Today’s announcement marks a pivotal milestone in securing iRobot’s long-term future ...
Roomba vacuums by iRobot are displayed at a Best Buy store in January 2024, after an acquisition bid by Amazon fell apart. Roomba maker iRobot filed for Chapter 11 bankruptcy Sunday and will turn ...
