Robot just declared chapter 11 bankruptcy. And though it’s being bought out, it’s hard to tell what that means for Roomba owners.
iRobot, the owner of the Roomba robot vacuum, has filed for Chapter 11 bankruptcy, stating that it will be acquired by its contract manufacturer, Picea Robotics. The Chinese based company assumed ...
iRobot just filed for Chapter 11 bankruptcy, following years of declining revenue. The company was acquired by Picea Robotics, a Chinese robot vacuum manufacturer. While Roomba users will still be ...
Dec. 15 (UPI) --Picea Robotics and its partner entered into a buyout deal with Roomba producer iRobot via court-supervised bankruptcy proceedings. iRobot, the maker of the Roomba floor vacuum, ...
Connor is a technology writer and editor, with a byline on multiple platforms. He has been writing for around nine years now across the web and in print too. Connor has attended the biggest tech expos ...
Last month, Picea subsidiary Santrum bought about US$191 million of iRobot's outstanding debt from the investment firm Carlyle Group Chinese robotics manufacturers are set to cement their dominance in ...
Robot, the maker of Roomba, filed for bankruptcy due to intense Chinese competition and failed regulatory approvals.
The manufacturer of the popular Roomba robotic vacuum cleaner, iRobot, has filed for Chapter 11 bankruptcy in the US, succumbing to intense pressure from more affordable competitors. The move is part ...
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection but says it doesn't expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring ...
The Chinese ODM makes robot vacuums for dozens of companies along with its own 3i line. The Chinese ODM makes robot vacuums for dozens of companies along with its own 3i line. I’ve tested a couple of ...
Vacuum cleaning robot manufacturer iRobot has filed for insolvency. It is to be saved by Chinese supplier Picea, which is taking over the company completely. iRobot, the US manufacturer of Roomba ...
For years, Roomba was shorthand for robot vacuum cleaners. Now, the company behind it is fighting to survive. iRobot, the maker of the Roomba, has filed for Chapter 11 bankruptcy and agreed to be ...