Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35% ...

iRobot is also exploring other strategies, such as selling or merging with another company or finding new financing to support itself. What happens to your Roomba if iRobot goes under?

Creator of the robot vacuum Roomba, iRobot was valued at $4 billion just a few years ago. Now it's at the brink of insolvency. How did the company fall so far?

About 350 iRobot employees are going to lose their jobs after the company announced a 31% cut to its workforce.

iRobot has a deal in place to be acquired by Amazon, but it has taken longer than expected to close. The target has taken out a new $200 million financing facility to fund operations. Amazon in ...

Consumer robot maker iRobot Corp. today marked National Robotics Week by debuting its newest educational robot, the Create 3, designed for educators and robotics students, the company said in a news ...

Meanwhile, iRobot's costly restructuring efforts -- including a 50% workforce reduction -- have yet to yield stability. The company has also been dealing with excess inventory write-offs, further ...