Shares of iRobot plunged more than 30% on Wednesday after the Roomba maker said there is "substantial doubt" about its ability to stay in business. The Roomba maker faces mounting debt and sputtering ...
Dec 14 (Reuters) - iRobot, the maker of the Roomba vacuum cleaner, ‌filed for bankruptcy protection on Sunday, saying ‌that it would go private after being bought by Picea Robotics, its primary ...
Carlyle Group Inc. sold a troubled loan it provided to iRobot Corp. less than three years ago as the maker of Roomba vacuum cleaners is trying to stave off a potential bankruptcy filing. The ...
iRobot, the creator of the Roomba and the company that popularized robot vacuums in the first place, told investors on Wednesday that it has "substantial doubt about [its] ability to continue." Beyond ...