Robot has restructured after its bankruptcy proceedings and purchase by Chinese manufacturer Picea, adding a data security ...

Picea has had a long-standing relationship with iRobot, serving as the Company's primary contract manufacturer and secured lender. During the restructuring process, Picea provided critical liquidity ...

iRobot is seeking bankruptcy protection, with plans to be purchased by its primary manufacturer. The company has been seeing steep losses, higher costs, and lower revenue due to the Trump ...

iRobot’s bankruptcy has turned a familiar household helper into a source of anxiety, as Roomba owners suddenly have to think about what happens when the company behind their robot vacuum is in court ...

iRobot, the maker of the Roomba, filed for Chapter 11 bankruptcy after financial struggles. A failed $1.4 billion Amazon acquisition contributed to iRobot's financial woes. Here's how the pioneering ...

The most common argument is "humanoid robots can slot right into existing human jobs, which are designed to accommodate the human body." The fact that physical jobs are currently designed around the ...

Roomba maker iRobot filed for Chapter 11 bankruptcy protection on Sunday and said the robotic vacuum cleaner would sell itself to a Chinese contract manufacturer. Shenzhen PICEA Robotics Co., which ...