Roomba maker iRobot files for bankruptcy, pursues manufacturer buyout
iRobotiRobot(US:IRBT) Yahoo Finance·2025-12-15 08:31

Dec 14 (Reuters) - iRobot (IRBT), the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary ​manufacturer. The company, which raised concerns about staying in business in March, filed for Chapter 11 protection ‌in Delaware bankruptcy court as it grapples with increased competition from lower-priced rivals and new U.S. tariffs. iRobot generated about $682 million in total ‌revenue in 2024, but its p ...