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 Corporation, which is known for its consumer robots, is officially going into Chapter 11. The company has entered into a Restructuring Support Agreement with its main lender and contract ...

For decades, the Roomba has epitomized the intersection of tech innovation and everyday convenience. From its first introduction in the early 2000s, this robotic vacuum has transformed how most of us ...

Dec. 15 (UPI) --Picea Robotics and its partner entered into a buyout deal with Roomba producer iRobot via court-supervised bankruptcy proceedings. iRobot, the maker of the Roomba floor vacuum, ...

iRobot, the owner of the Roomba robot vacuum, has filed for Chapter 11 bankruptcy, stating that it will be acquired by its contract manufacturer, Picea Robotics. The Chinese based company assumed ...

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 ...

US-listed company, whose profits have been in decline since the pandemic, will be taken over by Picea Business live – latest updates The US company behind the Roomba robot vacuum cleaner has filed for ...

Chinese robotics manufacturers are set to cement their dominance in the global smart vacuum market with Picea Robotics’ acquisition of Roomba maker iRobot, after the US firm’s proposed sale to ...