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When Amazon called off its acquisition of iRobot on Monday, the impact was immediate: The Roomba maker’s longtime cofounder and CEO stepped aside and hundreds of staffers were laid off. But, coming on ...
The marketplace was not a level playing field,” Colin Angle said, noting China has incentives and discounts for consumers who buy domestic products.
Shares of iRobot Corporation (Nasdaq: IRBT), maker of the Roomba autonomous vacuum cleaner, are crashing today after the company announced that it will seek Chapter 11 bankruptcy protection. As of ...
iRobot could soon be out of business, the Roomba's creator admitting that there's "substantial doubt about [its] ability to continue as a going concern." It's a drastic fall for the company whose ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The co-founder of iRobot, who ...
The iRobot founder opens up about the 18-month regulatory process that he says doomed the Roomba maker -- and what it means for American innovation.
Your Roomba could soon be a worthless brick. iRobot’s stock fell as much as 40% early Wednesday after the maker of robot vacuums told investors that it has “substantial doubt about the company’s ...
Despite the impending sale of iRobot, some Roomba models are still getting updates, with a few getting last-minute Matter ...