On Sunday evening, legendary robotics company iRobot, manufacturer of the Roomba robotic vacuum, filed for bankruptcy. The company will be handing over all of its assets to its Chinese manufacturing ...
iRobot, the Bedford, Massachusetts-based company that was largely responsible for the rise of the robot vacuum cleaner in homes, is warning investors there is “substantial doubt” about its ability to ...
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iRobot founder says company's bankruptcy revealed a new kind of competitor: 'the Chinese fast follower'
If there's one lesson iRobot founder Colin Angle took from the company's bankruptcy, it's never to underestimate competitors. On December 14, iRobot, maker of the popular robotic vacuum Roomba, filed ...
Shares of iRobot plunged more than 30% on Wednesday after it said there is "substantial doubt" about its ability to stay in business. Massachusetts-based iRobot has been restructuring since the Amazon ...
Amazon's acquisition of iRobot fell through and the stock has been in a free fall ever since. The stock trades at a cheap price and could have huge upside if it regains investors' confidence. The ...
BEDFORD, Mass., Dec. 14, 2025 /PRNewswire/ -- iRobot Corporation (NASDAQ: IRBT) ("iRobot" or the "Company"), a leader in consumer robots, today announced that it entered into a Restructuring Support ...
Gary Cohen's appointment as iRobot's CEO brings a promising outlook for the company. iRobot's restructuring efforts aim to streamline operations and enhance shareholder value. Investors should watch ...
IRobot shares have climbed after the company reported better-than-expected quarterly financial results last Tuesday. The company reported quarterly losses of $1.53 per share which beat the analyst ...
Amazon will no longer pursue a $1.4 billion acquisition of iRobot, maker of Roomba robot vacuums after the companies announced today that they have “no path to regulatory approval in the European ...
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