Robot's collapse is not just the story of a single company that lost its way. It is a case study in how a pioneer of home ...
Vacuum robot maker IRobot filed for bankruptcy and will be acquired by Chinese supplier Picea Robotics, ending its ...
Faced with a deluge of Chinese competitors, debt issues and the collapse of a sale to Amazon, American home robotics company iRobot is in some trouble at the moment at the corporate level, and all the ...
Robot, the company behind the Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy in the US as mounting debt, rising competition and tariff pressures force a change in ownership.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Bedford-based maker of the ...
iRobot surged 55% on US robotics initiative rumors, but fundamentals remain deeply challenged, and the rally appears speculative. IRBT's Q3 sales declined nearly 25% year-over-year, with worsening ...