Home-cleaning robot manufacturer iRobot announced today that it has acquired one of its key competitors, Evolution Robotics, for $74 million. Evolution Robotics is the maker of the Mint floor cleaning ...

iRobot, creator of the Roomba robot vacuum cleaner, has acquired rival firm Evolution Robotics for $74 million. Evolution is known for its Mint hard floor-cleaning robot, a category iRobot recently ...

iRobot, the Bedford, Massachusetts-based company that was largely responsible for the rise of the robot vacuum cleaner in homes, is warning investors there is “substantial doubt” about its ability to ...

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 ...

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 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 could soon be out of business, the Roomba's creator admitting that there's "substantial doubt about [its] ability to continue as a going concern." It's a drastic fall for the company whose ...