Picea Robotics and a business partner revealed it entered into a buyout deal with Roomba producer iRobot via court-supervised ...
Robot survived three decades of competition, but couldn't survive European regulators killing its Amazon buyout. Now it's ...
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to ...
Robot filed for bankruptcy after debt, tariffs and competition crushed growth, sending its stock tumbling and ending a ...
European and American regulators said Amazon's $1.7 billion deal to acquire iRobot was anticompetitive, and now the company ...
Roomba is being bought by Picea as part of a bankruptcy process. The company, which manufactures iRobot vacuums, made the ...
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.
Roomba maker iRobot ( IRBT) has filed for Chapter 11 bankruptcy protection in Delaware as part of a restructuring that hands ...
US-listed iRobot said Shenzhen-based Picea Robotics, its lender and main manufacturer, will buy all iRobot’s shares as part ...
Robot faces a 25% revenue decline and mounting financial woes amid weak demand. Click here to read my latest analysis of IRBT stock.
Here are some of the stocks making notable moves in Monday's premarket action: iRobot shares slid 77% after [the Roomba maker ...
Picea Robotics will be taking over the operations of Roomba maker iRobot. Alleviating the debt, Picea will maintain iRobot's "product development roadmap." ...