As iRobot's founder Colin Angle looks back on its path to bankruptcy, he says it was hard to overcome competitors in China.
Robot, the maker of the popular Roomba vacuum cleaner, filed for bankruptcy protection on Dec. 14, citing increased ...
Roombas are an extremely popular brand of robot vacuum cleaners. iRobot holds a commanding 42 percent market share in the U.S ...
iRobot co-founder and previous CEO Colin Angle has called the Picea takeover "profoundly disappointing" and "avoidable", blaming the collapse of a potential Amazon acquisition, which was nixed by ...
Robot's Roomba empire, once a symbol of American ingenuity, has crumbled under $264 million in debt, filing for Chapter 11 ...
US-based iRobot, which was once considered one of America's biggest consumer electronics companies, filed for bankruptcy last ...
On Sunday evening, legendary robotics company iRobot, manufacturer of the Roomba robotic vacuum, filed for bankruptcy. The ...
Robot, the maker of Roomba, filed for bankruptcy due to intense Chinese competition and failed regulatory approvals.
The marketplace was not a level playing field,” Colin Angle said, noting China has incentives and discounts for consumers who ...
Robot survived three decades of competition, but couldn't survive European regulators killing its Amazon buyout. Now it's ...
The company was founded in Massachusetts in 1990. Now, it's selling to a Chinese manufacturing company while navigating ...