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 ...

iRobot, a leader in consumer robots, announced today that it has filed for bankruptcy and will pass control to its Chinese supplier, Shenzhen Picea Robotics. Its product, the Roomba, was a pioneer of ...

iRobot just filed for Chapter 11 bankruptcy, following years of declining revenue. The company was acquired by Picea Robotics, a Chinese robot vacuum manufacturer. While Roomba users will still be ...

iRobot has filed for Chapter 11 bankruptcy There should be no immediate disruption for Roomba owners A new owner, Picea Robotics, is taking over We knew iRobot was in trouble, and the smart vacuum ...

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, ...

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Few know Roomba wasn’t the original robot vacuum. The Swedish company Electrolux beat Roomba by one year ...

The MarketWatch News Department was not involved in the creation of this content. Company Emerges from Chapter 11 as a Stronger, Boston-Based Consumer Robotics Leader Establishes Independent U.S.

Connor is a technology writer and editor, with a byline on multiple platforms. He has been writing for around nine years across the web and in print too. Connor has attended tech expos including CES, ...

Roomba maker iRobot has filed for Chapter 11 bankruptcy protection but says it doesn't expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring ...

Angle, who co-founded iRobot in 1990 at MIT's Artificial Intelligence Lab, said on The New York Times' Hard Fork podcast that Chinese competitors had access to a domestic market iRobot could not ...

Few know Roomba wasn’t the original robot vacuum. The Swedish company Electrolux beat Roomba by one year when it brought the amusingly named Trilobite to market in 2001. It’s a surprise fact because ...