Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor.
Category: iRobot Corp
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Rodney Brooks, the Godfather of Modern Robotics, Says the Field Has Lost Its Way
Rodney Brooks, famous for the Roomba, argues the humanoid robot craze in Silicon Valley is doomed to fail.
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Amazon Scraps Deal to Buy Maker of Roomba Amid Regulatory Scrutiny
Amazon walked away from the $1.7 billion acquisition of iRobot as it faces questions from regulators in the European Union and United States.