iRobot Corp. is back from bankruptcy with the completion of Shenzhen Picea Robotics Co.’s acquisition of the consumer robotics pioneer. iRobot said it has emerged from a pre-packaged Chapter 11 ...

Nearly twenty-three years ago, iRobot Corp. was in trouble. Its Roomba robotic vacuum cleaners, after an initial burst of popularity, were gathering dust in warehouses during the crucial 2003 holiday ...

Angle, who co-founded iRobot in 1990 at MIT's Artificial Intelligence Lab, said on The New York Times' Hard Fork podcast that Chinese competitors had access to a domestic market iRobot could not ...

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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 ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. A Roomba 980 vacuum cleaning robot is presented ...

We'll never know how Roomba maker iRobot would have fared under Amazon leadership, as the proposed purchase fell through a few years ago after European regulators blocked the deal. What's certain is ...

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 (NASDAQ:IRBT) plunged 33% after the maker of Roomba robot vacuum said that the last bidder for the company has dropped out of the sales process. iRobot (NASDAQ:IRBT) has been trying to sell ...