Roomba maker iRobot filed for Chapter 11 bankruptcy protection on Sunday and said the robotic vacuum cleaner would sell itself to a Chinese contract manufacturer. Shenzhen PICEA Robotics Co., which ...
Should Roomba owners worry about their robot vacuum after iRobot's bankruptcy? Here's what the company says. Credit: Joe Raedle/Getty Images It's been a tough few years for iRobot, maker of the ...
The sale of bankrupt robot vacuum maker iRobot to a Chinese firm is a done deal. Or is it? Massachusetts Democratic Senator Elizabeth Warren suggested last week that iRobot’s acquisition by Shenzhen ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min After Amazon's failed ...
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 ...
When iRobot filed for Chapter 11 bankruptcy last Sunday, it marked the end of an era for one of America’s most beloved robotics companies. The Roomba maker, which had sold over 50 million robots since ...
Every time Lakshmi publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...
Following years of financial struggles, iRobot – the brand behind the first commercially successful robot vacuum, Roomba – has been taken over by Chinese contract manufacturing company Picea. Shortly ...
Hosted on MSN
iRobot founder says company's bankruptcy revealed a new kind of competitor: 'the Chinese fast follower'
If there's one lesson iRobot founder Colin Angle took from the company's bankruptcy, it's never to underestimate competitors. On December 14, iRobot, maker of the popular robotic vacuum Roomba, filed ...
We may receive a commission on purchases made from links. Decades ago, the common hope was that, by the year 2000, we would be living in a full-on science-fiction utopia, with intelligent robots ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...
When Apple released iOS 18.4 to everyone earlier this year, it came with a big upgrade to the Home app. Users can now add robot vacuums to HomeKit for the first time thanks to the Matter smart home ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback