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iRobot, Roomba and Amazon

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,

MarketWatch on MSN · 1d

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.

U.S. News & World Report · 1d

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,

Android Headlines on MSN · 1d

After Amazon Breakup, iRobot's Future Hangs in the Balance as Roomba Maker Fights for Survival

The post After Amazon Breakup, iRobot's Future Hangs in the Balance as Roomba Maker Fights for Survival appeared first on Android Headlines.

New York Post · 1d

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.

IRobot’s Future in Doubt

Inc.com on MSN · 1d

iRobot’s Future in Doubt as Board Explores Options, Including a Potential Sale

A year after Amazon abandoned its plan to purchase iRobot for $1.4 billion, the Roomba-maker warns it may not be able to continue to operate.

The Business Journals · 2d

With its future in doubt, iRobot initiates a 'strategic review'

Robot is considering a possible sale of the company, saying it's initiated a formal strategic review to evaluate a potential sale or refinancing of its debt as it faces "substantial doubt" about its ability to continue operating.

Bloomberg on MSN · 1d

One-Time Amazon Takeover Target iRobot Warns Doubt on Future

IRobot Corp., the consumer robotics company that Amazon.com Inc. once planned to buy for more than $1 billion, tumbled on Wednesday after raising a “substantial doubt” about its ability to continue operating.

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 ...

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 ...

15hon MSN

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 ...

1don MSN

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 ...

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, ...

20hon MSN

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 ...

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 ...

1don MSN

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, Roomba and Amazon

IRobot’s Future in Doubt

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