"iRobot has just filed for Chapter 11 bankruptcy, an unsurprising decision after years of declining revenue. For Roomba owners, however, this is more of a restructuring move -- not a shutdown. Picea Robotics, the current manufacturer of Roomba, has struck a deal to acquire iRobot outright, eliminating nearly $350 million in debt. Also: Thousands of readers bought these 10 most popular robot vacuums and mowers in 2025 What does this mean for iRobot? Picea now has full ownership of the robot vacuum household name, for one."
"You've probably heard of the company's own 3i robot vacuum brand, known for its innovative features. This includes the flagship 3i S10 Ultra (pictured), which utilizes a dehumidifier to maintain a full clean water tank, and the more affordable G10+, which features a compactor inside the circular dustbin. Picea Robotics operates out of Shenzhen but has production and R&D facilities in other parts of China"
iRobot filed for Chapter 11 bankruptcy after years of declining revenue. Picea Robotics, iRobot's main contract manufacturer, reached a deal to acquire iRobot and eliminate nearly $350 million in debt. The bankruptcy functions as a restructuring rather than a shutdown, allowing Roomba devices to remain usable for owners. Picea, also known as 3irobotix, operates from Shenzhen and has expanded since 2016 into one of the largest robot vacuum manufacturers. Picea makes products for multiple brands and offers its own 3i lineup, including the S10 Ultra and the budget G10+. Picea maintains production and R&D facilities across China.
Read at ZDNET
Unable to calculate read time
Collection
[
|
...
]