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

iRobot invented the first successful robot vacuum over 20 years ago, but if your last experience with a Roomba was pre-2013, things have changed. Today, all these floor cleaning droids are much ...

In August 2022, iRobot had agreed to a $61-per-share takeover by Amazon, a deal some analysts viewed as a lifeline for the company and a potential enhancement for Amazon's smart home division.

The company's cash reserves dwindled to $134.3 million in 2024, compared to $185.1 million in 2023. The debt stood at $200.6 million as of December 28, 2024, its annual filing showed.

iRobot reported $255.4 million in revenue in the second quarter of 2022, a 30 percent decrease over the previous year. Amazon reported $121.2 billion in revenue in the second quarter, up 7.2 ...

Add in iRobot and Amazon has many of the elements needed to create an almost sentient smart home, one that can anticipate what you want it to do and do it without you asking.

The “I, Robot” DVD seems to have been hastily thrown together to capitalize on the Christmas shopping season. Fortunately for those on the receiving end of an “I, Robot” gift, the film proves to be ...