iRobot, the pioneer of Roomba robot vacuums, files for Chapter Eleven bankruptcy, marking a significant shift in the companys history. The Massachusetts-based firm, once a leader in the robot vacuum market, has been grappling with financial difficulties for months. Despite launching the first Roomba in 2002, the company now faces stiff competition from Chinese brands, which have eroded its market share.In a bid to keep operations running, iRobot has agreed to be acquired by its main manufacturing partner, Shenzhen Picea Robotics. However, the future of iRobots products, including Roomba and smart home devices, remains uncertain. While the company assures customers that it will continue selling its products, experts advise caution for potential buyers due to the unclear long-term support and future updates.The failed Amazon acquisition in 2022 and the subsequent revamping of products with Picea did little to stem the tide of competition. As a result, iRobots market share has continued to dwindle, leaving customers to consider alternatives from other brands for a robot vacuum with a clearer future for app updates and new features.

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