Company's secured lender and key supplier, Picea, to acquire iRobot through court-supervised chapter 11 process.

iRobot, the US company best known for creating the Roomba robot vacuum cleaner, has entered bankruptcy protection after years ...

The company may be changing, but the app, customer programs, and ability to purchase new products will not be affected.

The Roomba maker is being sold to its Chinese contract manufacturer, a move Gary Cohen says will keep the company alive and ...

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US equities started the week mixed as investors prepared for an upcoming US data calendar. The S&P 500 hovered near 6,810 by late morning in New York, while ...

Robot Corporation has entered into a restructuring agreement with Shenzhen PICEA Robotics Co and Santrum Hong Kong Co.

Robot (IRBT) files Chapter 11 Bankruptcy, sells to its China manufacturer. What it signals for pricing, tariffs, and ...

A new chapter is unfolding in the semiconductor market as artificial intelligence (AI)-driven computing reshapes data center demand and revives pricing power for memory makers. With DRAM and NAND ...

In recent weeks, shares of ailing vacuuming robot pioneer iRobot Corporation have rallied by almost 200% on massive volume. Momentum traders have been chasing the stock on hopes of the Trump ...

iRobot has had some tough times over the past few years. And after Amazon had to pull out of acquiring the company, iRobot has been looking for a new buyer, with little luck. Now, iRobot has sold some ...

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. The Massachusetts-based ...