iRobot has filed for bankruptcy and may be taken over by its primary supplier

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iRobot, which brought robotic vacuum cleaners to the masses with its iconic Roomba models, has data-i13n=”cpos:1;pos:1″ href=”https://media.irobot.com/2025-12-14-iRobot-Announces-Strategic-Transaction-to-Drive-Long-Term-Growth-Plan” rel=”nofollow noopener” target=”_blank” data-ylk=”slk:filed for Chapter 11 bankruptcy;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas” class=”link “>filed for Chapter 11 bankruptcy. The Massachusetts-based company plans to sell all assets to its primary supplier, a Chinese company known as Picea Robotics. If approved by a bankruptcy court, the move would allow iRobot to “continue operating in the ordinary course, pursue its product development roadmap, and maintain its global footprint,” iRobot wrote in a press release.

The company expects the deal to…



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iRobot has filed for bankruptcy and may be taken over by its primary supplier


iRobot, which brought robotic vacuum cleaners to the masses with its iconic Roomba models, has data-i13n=”cpos:1;pos:1″ href=”https://media.irobot.com/2025-12-14-iRobot-Announces-Strategic-Transaction-to-Drive-Long-Term-Growth-Plan” rel=”nofollow noopener” target=”_blank” data-ylk=”slk:filed for Chapter 11 bankruptcy;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas” class=”link “>filed for Chapter 11 bankruptcy. The Massachusetts-based company plans to sell all assets to its primary supplier, a Chinese company known as Picea Robotics. If approved by a bankruptcy court, the move would allow iRobot to “continue operating in the ordinary course, pursue its product development roadmap, and maintain its global footprint,” iRobot wrote in a press release.

The company expects the deal to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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