iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary manufacturer. The company, ...
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 ...
Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor. By Meaghan Tobin and Xinyun Wu Reporting from ...
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