Roomba creator iRobot was once courted by Amazon for a vacuum revolution. Now, it might go out of business
Robot became synonymous with home robots when it introduced the Roomba vacuum over 20 years ago, eventually selling 50 million models and becoming an acquisition target for Amazon. But the company gave investors a stark warning Wednesday,
Roomba vacuum maker iRobot warns it may go bust, sending stock down 30%
After its latest financial figures were worse than forecast, the company said there’s “substantial doubt” it can survive another 12 months.
This cheap entry-level Roomba robot vacuum is now almost 50% off at Amazon
iRobot, one of our most trustworthy robot vacuum brands, just slashed nearly a whopping 50% off its already affordable Roomba Essential Vac. This weekend, you can get the iRobot Roomba Q0120 Robot Vacuum at Amazon for $119.99 (was $249.99).
iRobot launches new Roomba robot vacuum series – but there’s a very big catch
Alongside the new navigation, iRobot has added rotating discs to the Plus 405 and 505 Combo robot vacuums which allows them to lift up the mops to avoid getting carpets wet. The new iRobot Roombas also have 7,000Pa suction power and will come with AutoWash docking stations for emptying and self-cleaning.
Why shares of Roomba-maker iRobot just hit an all-time low
iRobot, maker of the Roomba autonomous vacuum, has suffered over the past few years from slumping sales, failed new products, and an aborted takeover attempt by Amazon.
iRobot launches eight new Roombas and finally adds lidar mapping
After a tumultuous 2024, in which iRobot lost its founder and CEO, Colin Angle, Amazon abandoned its acquisition plans, and the company laid off a large portion of its staff, iRobot is back with a major shake-up of its robotic vacuum line.
iRobot just launched four new Roomba models to reimagine its entire product line
iRobot has been known as a robot vacuum standard since its launch over 20 years ago. Today the company announced a complete redesign of almost its entire product line, with new entry-level, midrange, and high-end robot vacuums. Almost every model features an AutoEmpty Dock and mopping variant to round out the Roomba catalog.
Roomba Maker IRobot, Once Amazon's Takeover Target, Flags Going Concern Risk
Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon.com, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 30% in afternoon trading,
Roomba maker iRobot warns it may go out of business, sending shares plunging
The loss-making company was once valued at $3.56 billion in 2021, driven by pandemic-fueled demand. It is now worth less than $200 million.
Roomba, the Original Robot Vacuum, Is on the Verge of Going Broke
"As we move ahead, we will continue to take decisive action to reclaim our position as the industry leader and build on iRobot's strong foundation centered around our globally recognized, iconic brand,
Get the iRobot Roomba (Q0120) for under $200
As of March 14, you can get the iRobot Roomba (Q0120) for just $129.99, down from $249.99, at Amazon. That's a 48% discount ...
Roomba maker says 'substantial doubt' about future of company
Robot, the firm behind the well-known Roomba vacuums, has issued a warning of “substantial doubt" about the future of the ...
If iRobot goes bust, what happens to your Roomba?
The company is reporting major financial problems and an uncertain future. How did things get this bad for the former robot ...
iRobot says there is “substantial doubt” about it as a “going concern”
Robotics firm iRobot, originator of the robotic vacuum Roomba, which now faces stiff competition from lower-priced ...
iRobot just completely overhauled its lineup with 8 new Roombas for 2025
Roombas have always been a staple in the robot vacuum market because iRobot is often the first brand to bring innovative new ...
iRobot tells investors its future is in doubt
The Roomba manufacturer warns there’s ‘substantial doubt’ about its ability to continue as its stock price keeps sliding.
iRobot has new Roombas, but it doesn't sound confident it'll be around to sell them
Robot, the creator of the Roomba and the company that popularized robot vacuums in the first place, told investors on ...
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iRobot’s New Roombas: Smarter & Stronger
When it comes to robot vacuums, many people think of Roombas. It's a name synonymous with robot vacuums and is made by iRobot ...