iRobot’s bankruptcy isn’t the end — it’s a reboot, says CEO
Source: The Verge
Summary
The Roomba maker will continue to operate but will be owned by Picea Robotics.
The news that the maker of the Roomba robot vacuum, iRobot, filed for bankruptcy this week came as no surprise. Its CEO, Gary Cohen, had been warning investors all year that the company could run out of cash unless a b…