AiiRobotUpdated 2 days ago

iRobot Files for Bankruptcy, Control Transferred to Chinese Supplier

iRobot, the maker of Roomba vacuums, has filed for bankruptcy after 35 years, transferring control to its largest creditor, a Chinese supplier. This decision reflects ongoing financial struggles and a drastic decline in revenue, marking a significant shift in the home automation market. Founded by M.I.T. researchers, iRobot's shares have plummeted, raising concerns about the future of its operations and product offerings.

AiiRobot

Updated 2 days ago

iRobot Files for Bankruptcy, Control Transferred to Chinese Supplier

Related Articles (6)

NYT — Technology2 days ago

Roomba Maker iRobot Files for Bankruptcy, With Chinese Supplier Taking Control

NegativeArtificial Intelligence

iRobot, the maker of Roomba vacuums, has filed for bankruptcy, with its restructuring plan transferring control to its largest creditor, a Chinese supplier. Founded in 1990 by three researchers from M.I.T., iRobot gained prominence with the introduction of its vacuum in 2002.

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via NYT — Technology

ZDNET — Artificial Intelligence2 days ago

iRobot's bankruptcy could change your Roomba forever - here's how and why

NegativeArtificial Intelligence

iRobot, the pioneer of the robotic vacuum market, has filed for bankruptcy after 35 years in operation, marking a significant shift in the home automation landscape. This decision comes amid ongoing financial struggles and reflects the company's inability to maintain its competitive edge in a rapidly evolving market.

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via ZDNET — Artificial Intelligence

Ars Technica — All2 days ago

Roomba maker iRobot swept into bankruptcy

NegativeArtificial Intelligence

iRobot, the renowned maker of Roomba robotic vacuums, has filed for bankruptcy, leading to a restructuring plan that will see its shares acquired by Shenzhen-based Picea Robotics, its primary supplier and lender. This significant financial distress marks a pivotal moment for the company, which has been a leader in home automation since its founding in 1990 by M.I.T. researchers.

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via Ars Technica — All

TechSpot2 days ago

Roomba maker iRobot files for bankruptcy after 35 years

NegativeArtificial Intelligence

iRobot, the company known for its Roomba robotic vacuums, has filed for bankruptcy after 35 years of operation, citing significant financial challenges and a drastic decline in revenue. The company's shares plummeted from $133 in 2021 to just $1.40 in November 2025, prompting the restructuring process that will transfer control to its largest creditor, a Chinese supplier.

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via TechSpot

Engadget2 days ago

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

NegativeArtificial Intelligence

iRobot has filed for bankruptcy, indicating significant financial distress for the company known for its robotic vacuum cleaners. This development raises concerns about the future of its operations and product offerings, as it may lead to a takeover by its primary supplier.

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via Engadget

Silicon Republic2 days ago

Roomba maker iRobot goes bankrupt

NegativeArtificial Intelligence

iRobot, the company known for its Roomba robotic vacuums, has filed for bankruptcy, with plans for its shares to be acquired by Chinese contract manufacturer Picea. This restructuring comes as iRobot faces significant financial challenges after 35 years in operation.

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via Silicon Republic