Robot, the maker of Roomba, filed for bankruptcy due to intense Chinese competition and failed regulatory approvals.
Robot’s Chapter 11 bankruptcy has sparked intense reactions, with opinions on regulation, innovation, manufacturing, and global competition.
As iRobot's founder Colin Angle looks back on its path to bankruptcy, he says it was hard to overcome competitors in China.
From disaster zones, to oil spills, to the Great Pyramids of Giza, iRobot has taken its robot everywhere in its 35 years.
Roomba maker iRobot files for Chapter 11 bankruptcy amid Chinese competition, tariffs, and acquisition by Picea Robotics.
The original Roomba was the first robot vacuum in the US, and the second ever made, following Electrolux’s Trilobite the year prior. A basic bump-and-roll bot with bump and cliff sensors, the Roomba ...
The marketplace was not a level playing field,” Colin Angle said, noting China has incentives and discounts for consumers who ...
Robot, maker of Roomba vacuums, files for bankruptcy amid cheap competition and US tariffs, and will be acquired by China’s Picea Robotics.
PCMag Australia on MSN
iRobot Files for Bankruptcy: What Will Happen to Your Roomba Robot Vacuum?
The maker of Roomba robot vacuums, iRobot, has filed for bankruptcy protection in Delaware. Once the company is done with its chapter 11 process, it plans to go private and be acquired by its ...
Roomba once looked like the future. Its maker, iRobot, filled American homes with small but affordable robots that helped ...
Barchart on MSN
iRobot Just Filed for Bankruptcy. What Does That Mean for IRBT Stock? And Why Have Investors Been Chasing Shares Higher?
Robot’s bankruptcy filing marks a dramatic fall for the once-dominant robot vacuum maker. What does that mean for IRBT stock?
Robot, the company that produces Roomba, the first mass-market domestic robot vacuum cleaner, throws in the towel and files for bankruptcy. The Chapter 11 filing was made in Delaware and as ...
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