Major stock indexes finished lower to begin the last full trading week of the year, with AI-tied shares again weighing on the Nasdaq.
iRobot, the maker of the popular Roomba vacuum cleaner, filed for bankruptcy protection on Dec. 14, saying it would go private after being purchased by its Chinese manufacturer. In a news release on ...
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 ...
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, ...
iRobot files for Chapter 11 bankruptcy protection in Delaware Firm struggles with lower-priced rivals, US tariffs iRobot to be bought by primary manufacturer Picea Robotics Dec 14 (Reuters) - iRobot ...
Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor. By Meaghan Tobin and Xinyun Wu Reporting from ...
The American company behind the robot vacuum cleaner Roomba has filed for bankruptcy after 35 years in business. On Sunday, iRobot Corporation said it was seeking Chapter 11 protections as it ...
iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier. The ...
The Roomba maker's stock has surged in the last few days on little news. Sentiment toward iRobot among users on Stocktwits is "Extremely Bullish." Retail traders love a good short-squeeze, and online ...
Roomba maker iRobot has filed for bankruptcy in the US and will be bought out by its Chinese manufacturer and supplier after the robotic vacuum cleaner firm came under pressure from cheaper rivals. US ...
US-listed iRobot said Shenzhen-based Picea Robotics, its lender and main manufacturer, will buy all iRobot’s shares as part of a restructuring. By contributor Holly Williams, Press Association ...