Angle, who co-founded iRobot in 1990 at MIT's Artificial Intelligence Lab, said on The New York Times' Hard Fork podcast that Chinese competitors had access to a domestic market iRobot could not ...

Simply sign up to the Technology sector myFT Digest -- delivered directly to your inbox. The world’s biggest robot vacuum cleaner maker is betting on artificial intelligence to transform the market ...

The home-vacuum robot began, like most things, with war. In August 1990, the same month and year Saddam Hussein invaded Kuwait, three MIT roboticists incorporated the company that would eventually ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. iRobot’s chief executive has defended the takeover of the US company by a Chinese competitor, warning that its ...

iRobot, the maker of the popular Roomba vacuum cleaner, filed for bankruptcy protection on Dec. 14, saying it would go private after being purchased by its Chinese manufacturer. In a news release on ...

The company behind the Roomba automatic vacuum cleaner is filing for bankruptcy and will be taken private for restructuring. iRobot said it was under Chapter 11 protection but did not anticipate any ...

iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier. The ...

The writing has long been on the wall, but finally, the maker of the synonymous Roomba vacuum, iRobot Corporation, has filed for Chapter 11 bankruptcy as a "strategic transaction" intended to secure ...

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, ...

iRobot filed for Chapter 11 bankruptcy protection in the District of Delaware court on Sunday, bringing an end to more than three decades as a public company. The Massachusetts-based maker of the ...

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. The Massachusetts-based ...