iRobot maker Roomba files for bankruptcy, will go private
Bloomberg Television·2025-12-15 21:56
Joining us now for the Start Movers podcast, Lisa matera. All right. I have to start with Massachusetts based I robot.Hey, good morning, Boston. It's the maker of the robot vacuum, the Roomba. Yeah.So its shares really taken a hit down more than 80%. It filed for bankruptcy, proposed handing over control to its main Chinese supplier. They expect to complete Chapter 11 by February.But you take a look at the company, right. Is founded in 1990. Engineers from M.I. T. , the Roomba, came out in 2002.So it's been ...