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

Robot just declared chapter 11 bankruptcy. And though it’s being bought out, it’s hard to tell what that means for Roomba ...

Last month, Picea subsidiary Santrum bought about US$191 million of iRobot's outstanding debt from the investment firm ...

The only thing the Federal Trade Commission and European Commission succeeded in doing was transferring ownership of iRobot ...

The company was founded in Massachusetts in 1990. Now, it's selling to a Chinese manufacturing company while navigating ...

What goes up will eventually come down. Some come crashing down faster than others, while others can last centuries. But when ...

Robot, the maker of the popular Roomba vacuum cleaner, filed for bankruptcy protection on Dec. 14, citing increased ...

From disaster zones, to oil spills, to the Great Pyramids of Giza, iRobot has taken its robot everywhere in its 35 years.

Shares of iRobot plummeted Monday after the Roomba robot vacuum maker announced a Chapter 11 bankruptcy filing on Sunday.

Robot filed for bankruptcy and will be bought by Chinese manufacturer after Amazon's $1.4 billion acquisition was blocked by ...

Now, along with the bankruptcy proceedings, iRobot has also announced an agreement with its main lender and contract ...

For instance, once iRobot perfected the concept for the Roomba, it wasn’t long before the first copies burst onto the scene.