iRobot, the maker of Roomba robot vacuum cleaners, simply crashed into a wall. The Massachusetts-based company filed for bankruptcy this weekend after years of financial strain, but the company said customers don’t have to worry about their devices suddenly shutting down or “shattering” during the restructuring. The filing comes after fierce competition from cheaper rivals […]
There’s something painfully American about the arc of iRobot, the company that taught your vacuum cleaner to navigate the furniture. Founded in 1990 in Bedford, Massachusetts by MIT roboticist Rodney Brooks and his former students Colin Angle and Helen Greiner, the company filed for bankruptcy on Sunday, ending a 35-year run that took it from […]