iRobot negotiations with another potential acquirer fell through, and its main creditor has set a deadline of Jan. 15 for certain conditions.
Can iRobot bounce back? Deep concerns overshadow $127M Q2
Things have gotten so bad that iRobot has suspended future financial guidance and opted not to host an earnings call for Q2.
Consumer robots still struggle as Laundroid maker Seven Dreamers files for bankruptcy
The Laundroid consumer robot, which has been at CES for the past few years, hit the usual snags of price and performance, but other household robots will come.
Recent Breakthroughs Are Enabling Consumer and Low-cost Commercial Robots
by Frank Tobe and Manoj Sahi The consumer robotic market has been on a roller coaster ride of evolution and market penetration. The amount of money companies and consumers were paying for robots and the features that they were getting ultimately did not match up. Low-cost service robots have similar problems. The technologies and robot…