Roomba maker pushed into bankruptcy
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The Roomba Was a Disappointment
The best-known manufacturer of autonomous vacuums declared bankruptcy this week, and no one should be surprised.
The company behind the Roomba automatic vacuum cleaner is filing for bankruptcy and will be taken private for restructuring.
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Roomba maker iRobot announces bankruptcy — brand will live on under ownership of former supplier
In a somewhat unsurprising turn of events for anyone who's been following the robot vacuum market, iRobot, the maker of the Roomba, has announced bankruptcy
In 2020, photos of people inside their homes taken by Roomba robot vacuums appeared on social media. Rating: True (About this rating?) Context: The Roombas in question were not commercially available — they were development robots given to testers.
She blocked Amazon’s takeover, and now the Chinese will own it.
Robot filed for bankruptcy after debt, tariffs and competition crushed growth, sending its stock tumbling and ending a once‑promising robotics story.
While shareholders are out of luck, owners may be wondering if their vacuum cleaners will still work after iRobot is sold to China's Picea Robotics.
Spruce Point Capital first bet against shares of the Roomba maker in 2015. Its founder shares how he approaches short-selling.
Robot filed for bankruptcy and will be bought by Chinese manufacturer after Amazon's $1.4 billion acquisition was blocked by the FTC on antitrust grounds last year.