6 hours ago · iRobot files for Chapter 11, with Roomba maker set to be acquired by Shenzhen Picea, aiming to revive operations after years of declining sales and cash shortages.

1 day ago · Company's secured lender and key supplier, Picea, to acquire iRobot through court-supervised chapter 11 process Positions iRobot to continue delivering trusted robotics and smart …

5 hours ago · Under the so-called pre-packaged Chapter 11 process, the main manufacturer of its devices, Shenzhen-based Picea Robotics, will take ownership of the firm.

4 hours ago · According to an iRobot filing, the company has entered into a Restructuring Support Agreement with its secured creditors and primary contract manufacturer, Shenzhen PICEA Robotics …

12 hours ago · iRobot Corp. filed for bankruptcy after reaching a restructuring support agreement that will hand control of the consumer robot maker to Shenzhen PICEA Robotics Co., its main supplier …

10 hours ago · This marks a significant step in addressing iRobot's financial challenges and establishing a path toward long-term stability. As part of the restructuring, iRobot has entered into a Restructuring …

6 hours ago · Roomba maker iRobot has filed for bankruptcy after years of falling sales and rising competition. The company says it will continue operations as control shifts to its main supplier, …