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, the maker of the Roomba floor vacuum, said Monday that a planned deal to be acquired by Amazon would not go through, a development that led it to announce it would lay off 31% of its staff. In ...

iRobot was long overdue for a product redesign to win back its once overwhelming share of the robot vacuum market. The company just announced such a reinvention for its complete product line; it turns ...

iRobot launched its Roomba j7+ vacuum and third version of its Genius smart home platform and included a Pet Owner Official Promise (POOP) that it can avoid your pet's unfortunate excrement instances.

Amazon.com Inc. today announced plans to acquire robot vacuum maker iRobot Corp. for $1.7 billion. The transaction values publicly traded iRobot at $61 per share. The robotics company’s shares, which ...

If you’ve got your eye on a new iRobot Roomba robot vacuum, you already know it can sweep or vacuum your whole home. While you can simply push the button to send out the Roomba or even ask your ...

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 turn ...