Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35%, ...
iRobot, the Bedford, Massachusetts-based company that was largely responsible for the rise of the robot vacuum cleaner in homes, is warning investors there is “substantial doubt” about its ability to ...
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Is this the beginning of the end for Roomba? According to the robot vacuum maker, iRobot, it's a real possibility. iRobot was banking on a $1.7 billion acquisition deal from Amazon, which fell apart ...
BEDFORD - About 350 iRobot employees are going to lose their jobs after the Bedford-based company announced a 31% cut to its workforce. iRobot was set to merge with Amazon, but the technology giant ...
iRobot experienced significant investor interest following the past week's introduction of new AI-powered Roomba products and a global marketing campaign that seeks to revitalize its brand. This ...
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