Roomba, iRobot
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Robot just declared chapter 11 bankruptcy. And though it’s being bought out, it’s hard to tell what that means for Roomba owners.
While iRobot is selling itself off as scrap, let's remember what actually makes a good robovac.
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.
3don MSN
Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuring
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process.
Company's secured lender and key supplier, Picea, to acquire iRobot through court-supervised chapter 11 process.
1don MSN
The Roomba Was a Disappointment
The best-known manufacturer of autonomous vacuums declared bankruptcy this week, and no one should be surprised.
The Roomba maker is being sold to its Chinese contract manufacturer, a move CEO Gary Cohen says will keep the company alive and allow it to grow.