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iRobot, the Bedford, Massachusetts-based company that was largely responsible for the rise of the robot vacuum cleaner in homes, is warning investors there is “substantial doubt” about its ...
Back in 2022, Amazon and iRobot announced plans for the e-commerce giant to buy the company. Amazon likely wanted iRobot for two reasons. One is to expand its smart home portfolio with robot vacuums.
The big picture: iRobot, best known for its Roomba brand of robotic vacuum cleaners and floor mops, was a pioneer in the early days of home autonomy. For a while, the Roomba name itself became ...
The maker of the Roomba autonomous vacuum, iRobot, has suffered over the past few years from slumping sales, failed new products, and an aborted takeover attempt by Amazon. On Wednesday morning ...
TO RELOCATE EMPLOYEES TO NEARBY STORES. BEDFORD, BASED IROBOT SAYS IT’S CONCERNED ABOUT ITS FUTURE AFTER SALES DIPPED LAST QUARTER. THE COMPANY’S QUARTERLY REPORT SHOWS REVENUE FELL BY 44% IN ...