iRobot Files for Bankruptcy, Acquired by Contract Manufacturer
Update: 2025-12-15
Description
iRobot, the renowned robot vacuum manufacturer, has filed for Chapter Eleven bankruptcy protection, aiming to go private through a restructuring process. Despite the filing, iRobot assures customers of no service disruptions. The company is being acquired by Picea, its main contract manufacturer, in a court-supervised process. This acquisition is expected to strengthen iRobots financial standing and provide continuity for consumers and partners. The process is anticipated to be completed by February next year.
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