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Roomba maker iRobot files for bankruptcy, will go private

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Roomba maker iRobot files for bankruptcy, will go private

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Roomba maker iRobot files for bankruptcy, will go privateListen(2 min)Listen(2 min)Roomba maker iRobot filed for Chapter 11 bankruptcy Sunday and will turn over its business to a pair of Chinese companies and go private, capping a years-long fall from grace.The Massachusetts-based company said it had entered a restructuring agreement under which iRobot will be acquired by its primary lender and manufacturer, Shenzhen Picea Robotics Co. and Santrum Hong Kong. Co.About the AuthorCopyright © 2025 MarketWatch, Inc. All rights reserved.

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