The bankruptcy announcement comes after cash struggles and a failed acquisition by Amazon.
Robot survived three decades of competition, but couldn't survive European regulators killing its Amazon buyout. Now it's ...
Company's secured lender and key supplier, Picea, to acquire iRobot through court-supervised chapter 11 processPositions iRobot to continue delivering ...
Roomba maker iRobot filed for Chapter 11 bankruptcy Sunday and will turn over its business to a pair of Chinese companies and ...
Roomba vacuum cleaner maker iRobot said on Sunday that it had filed for bankruptcy protection, and would go private after being acquired by Picea, its primary manufacturer.
Robot Corp. filed for bankruptcy after reaching a restructuring support agreement that will hand control of the consumer ...
In some sense, Mr. Brooks has only himself to blame. The current humanoid craze is “kind of his fault,” said Anthony Jules, ...
Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, capital-intensive and “boring, honestly,” says venture capitalist Modar Alaoui. But the commercial boom in ...
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