Roomba Maker iRobot Files for Bankruptcy
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iRobot co-founder says FTC's opposition to Amazon deal was 'wrong-minded' following bankruptcy filing
Robot filed for bankruptcy and will be bought by Chinese manufacturer after Amazon's $1.4 billion acquisition was blocked by the FTC on antitrust grounds last year.
The stock appears inexpensive based on sales metrics, yet that seeming “value” rests on a troubled balance sheet and a business that has forfeited both its
We independently review everything we recommend. We may get paid to link out to retailer sites, and when you buy through our links, we may earn a commission. Learn more› By Liam McCabe iRobot filed for bankruptcy in December 2025 and expects to be ...
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The rise and fall of iRobot
It was a stunning turn of events when iRobot canceled its fourth quarter meeting in March, saying the company has had “substantial doubt” about its ability to stay afloat. It was a far cry from the glory days of the Bedford, Massachusetts-based ...
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Gary Cohen, iRobot’s CEO on selling deodorant, playing golf and going off-grid in the mountains
Named chief executive officer of iRobot back in May 2024, Gary Cohen has a 25 year history of leading successful turnarounds – good news for the robot vac company! Previous roles were at Qualitor Automotive, Timex, Energizer and Gillette. In this interview he talks to us about making iRobot swim, his love of tech and being a Boston boy.