No one wants to buy Roomba maker iRobot anymore, and bankruptcy could be next

When news broke that Roomba-maker iRobot was reportedly having trouble finding a buyer, the company's stock tumbled 30 ...

US iRobot Close To Collapse As Chinese Brands Strip Share

They were once the pioneers of robotic vacuum cleaning, but iRobot — the company behind the iconic Roomba — is now out of ...

iRobot has no buyer and no money.

The Roomba robot vacuum maker reported in a regulatory filing that its last potential buyer has withdrawn. The company, which has been seeking a sale since its deal with Amazon was scuppered by EU ...
Digital Trends

iRobot running on low battery as new products fail to clean up concerns

On Tuesday, iRobot announced its most comprehensive lineup of new consumer products. However, today, Bloomberg reported that the company has raised “substantial doubt” in its earnings results about ...
Fast Company

iRobot made Roomba into an icon. Now, it’s in a huge mess

Branded is a weekly column devoted to the intersection of marketing, business, design, and culture. Just a few years ago, iRobot, best known as the maker of the Roomba, was riding high, with annual ...

IRobot Slips After M&A Setback, Credit-Agreement Update

Shares of iRobot dropped after the Roomba maker updated risk factors, including a setback in merger efforts and credit-facility issues. The stock is down 34%, to $3.67, midday Monday and has fallen ...