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Picea

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iRobot enters bankruptcy after failed Amazon bid and mounting debts — Cdn.arstechnica.net
Business

iRobot enters bankruptcy after failed Amazon bid and mounting debts

iRobot, the maker of Roomba vacuum cleaners, has entered bankruptcy. In recent years the company faced competition from cheaper Chinese rivals, including Picea, which pressured sales and forced reductions in headcount. A management shake-up in early 2024 saw the departure of iRobot’s co-founder as chief executive. Amazon proposed buying
06 Jan 2026 1 min read
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