iRobot Sold to Chinese Manufacturer, Roomba's Future Uncertain
Update: 2025-12-15
Description
iRobot, the creator of the Roomba robot vacuum, is being acquired by Chinese manufacturer Picea due to financial struggles caused by tariffs and increased competition. This deal, valued at $264 million, sees Picea take on iRobots debt, leaving the robot vacuum market dominated by Chinese companies.
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