I've always thought iRobot occupied a very odd niche: people who can afford a $1,000 robot but can't afford to pay a cleaner; who have the patience to set up and regularly troubleshoot a robovac, ...
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 ...
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