Remember when the Roomba was just a revolutionary vacuum cleaner stalking your late-night infomercial binge? It simply hissed and glided from room to room, sucking up every dust particle in its path.

It was a stunning turn of events when iRobot canceled its fourth quarter meeting in March, saying the company has had “substantial doubt” about its ability to stay afloat. It was a far cry from the ...

iRobot just filed for Chapter 11 bankruptcy, following years of declining revenue. The company was acquired by Picea Robotics, a Chinese robot vacuum manufacturer. While Roomba users will still be ...

Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor. By Meaghan Tobin and Xinyun Wu Reporting from ...