iRobot, the maker of Roomba, has filed for bankruptcy and will be acquired by its supplier, Shenzhen PICEA Robotics. This move cancels $264 million in debt, allowing iRobot to continue operations as a ...
Boeing Finalizes $4.7B Acquisition of Key 737 Max Supplier Spirit AeroSystems Boeing said Monday it has completed a $4.7 billion purchase of key supplier Spirit AeroSystems, which builds fuselages for ...
Purchases from Italian suppliers over 7 bln euros in 2024 Carmaker invested 2 bln euros in Italy this year Industry braces for EU emissions rule review due Dec. 16 CEO says EU decisions to affect ...
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 ...
MILAN, Dec 10 (Reuters) - Stellantis is set to end 2025 having made purchases worth over seven billion euros ($8.1 billion) from Italian suppliers, CEO Antonio Filosa said on Wednesday, suggesting ...
Dec 10 (Reuters) - Chinese rare-earth magnet suppliers to U.S. automaker Ford Motor were included in the first batch of new export licenses issued by Beijing to boost shipments and reduce shortages ...
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One of America’s biggest consumer tech brand Roomba maker iRobot files for bankruptcy, sold to its Chinese supplier
iRobot, the company behind the Roomba vacuum cleaner, filed for Chapter 11 bankruptcy protection Sunday in Delaware court after 35 years of operation. The robotics manufacturer will be acquired by ...
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