iRobot Co-Founder Questions Lack of Outcry Over Company's Sale to China
iRobot Co-Founder Helen Greiner weighs in on the American tech company's decision to file for bankruptcy, and discusses the future of robotics and the obsession with humanoid robots. She speaks with Paul Allen on "Insight with Haslinda Amin.
iRobot filed for bankruptcy: How the Roomba maker got here
iRobot, the maker of the Roomba, filed for Chapter 11 bankruptcy after financial struggles. A failed $1.4 billion Amazon acquisition contributed to iRobot's financial woes.
iRobot Bankruptcy: How A Broken Growth Story Crushed IRBT Stock
iRobot's bankruptcy signifies the conclusion of a once-promising growth narrative—brought down by ongoing losses, increasing competition, accumulating debt, and ultimately a failed rescue effort by Amazon. The stock appears inexpensive based on sales metrics, yet that seeming “value” rests on a troubled balance sheet and a business that has forfeited both its competitive advantage and financial flexibility.
Roomba Maker iRobot Declares Bankruptcy. Its Stock Is Plunging 70%
Shares of iRobot (IRBT) plummeted over 70% Monday morning after the Roomba robot vacuum maker announced a Chapter 11 bankruptcy filing on Sunday.
Roomba maker files for bankruptcy — sparking worries that pricey vacuums will stop working
"So what is going to happen to the functionality of [my Roomba]? It's one of the smart ones that talk with a server," a Reddit user posted on Sunday.
iRobot stock price collapses as Roomba maker files for Chapter 11 bankruptcy: Here's what happens next
Shares of iRobot Corporation (Nasdaq: IRBT), maker of the Roomba autonomous vacuum cleaner, are crashing today after the company announced that it will seek Chapter 11 bankruptcy protection.
Roomba Maker iRobot Declares Bankrupty. Its Stock Is Plunging 70%
Shares of iRobot (IRBT) plummeted over 70% Monday morning after the Roomba robot vacuum maker announced a Chapter 11 bankruptcy filing on Sunday.
iRobot to be acquired by Picea Robotics after filing for bankruptcy
iRobot Corporation (NASDAQ:IRBT), the maker of Roomba robotic vacuum cleaners, has filed for Chapter 11 bankruptcy in the District of Delaware and plans to be acquired by its secured lender and primary contract manufacturer, Shenzhen Picea Robotics, through a court-supervised process. The company said the pre-packaged Chapter 11 filing is intended to strengthen its financial foundation, reduce debt, and allow continued operation while pursuing long-term growth and product development.
5 Things to Know Before the Stock Market Opens
Stock futures are gaining ground Monday morning at the start of a week filled with economic data and earnings reports; the price of gold is approaching the record highs the precious metal last reached in mid-October; iRobot shares are sinking after the maker of the Roomba robot vacuum said over the weekend that it plans to file for bankruptcy; Sanofi shares are also falling amid disappointing updates for one of its developmental drugs; and workplace software maker ServiceNow is reported to be in talks to acquire a cybersecurity startup for up to $7 billion. Here's what you need to know today.
Wall Street Breakfast Podcast: Roomba Maker Files For Chapter 11
iRobot (IRBT) filed for Chapter 11 bankruptcy, ceding control to Picea Robotics amid mounting competition and tariff pressures. IRBT faces deteriorating profitability, $23M in tariff costs, and expects to complete restructuring by February 2026.
Roomba Maker Declares Bankruptcy, but Tries to Ease ‘Bricking' Fears
iRobot says that customer service and app functionality won't be disrupted despite the restructuring.
Roomba maker iRobot files for bankruptcy, will go private
Roomba maker iRobot filed for Chapter 11 bankruptcy Sunday and will turn over its business to a pair of Chinese companies and go private, capping a years-long fall from grace.
