iRobot files for Chapter 11 bankruptcy as Chinese supplier Picea Robotics takes control of iconic Roomba brand in Delaware

iRobot files for Chapter 11 bankruptcy as Chinese supplier Picea Robotics takes control of iconic Roomba brand in Delaware

For years, “Roomba” was practically synonymous with robot vacuums, a household name that promised clean floors at the push of a button.

But that dominance is being seriously challenged.

iRobot, the company behind the iconic device, has filed for Chapter 11 bankruptcy and agreed to a takeover by its primary Chinese supplier, Picea Robotics.

Chapter 11 Filing and Consumer Reassurances

The Delaware filing, announced Sunday, is part of a restructuring deal designed to keep the company running.

iRobot stressed that customers shouldn’t worry about their devices suddenly failing, losing app support, or missing software updates during the process.

Chapter 11 allows the company to continue operations while sorting out its debts, and iRobot plans to maintain customer service, warranties, and spare parts without interruption.

From Innovator to Struggling Competitor

Two decades ago, iRobot revolutionized home cleaning with its Roombas, selling over 40 million units and making robot vacuums mainstream.

But the rise of affordable, feature-packed Chinese alternatives has hit the company hard.

Competitors now offer mapping systems, object recognition, and mopping attachments, often at a fraction of Roomba’s price.

Picea Takes the Helm

Picea, based in Shenzhen, already supplies parts for household brands like Xiaomi, Haier, and Electrolux, and sells its own 3i robot vacuums.

With the takeover, Picea will assume full control of iRobot, including its debts and operations, effectively wiping out existing shareholders.

The Fallout from the Failed Amazon Deal

iRobot’s struggles were compounded by a failed $1.7 billion acquisition attempt by Amazon in 2024.

Regulators in the US and Europe blocked the deal over concerns Amazon could give its own products an unfair advantage, leaving iRobot in a vulnerable position and forcing layoffs alongside a plunging stock price.

Mounting Debt Pressures

Financial pressures had been building behind the scenes.

By December, iRobot owed Picea more than $350 million, much of it overdue.

Additional debts included unpaid tariffs to US Customs and Border Protection, and outstanding balances to suppliers of brushes and dust bags.

What This Means for Consumers

For now, day-to-day users should see little change.

Devices, apps, and support are expected to continue without interruption.

But the long-term picture is more uncertain.

With a Chinese company now fully in charge, future Roomba models may see lower prices — but the company’s US-based research and development could shrink, potentially changing the products we’ve come to know.

A Turning Point for a Household Name

iRobot’s bankruptcy marks a significant shift for one of the most recognizable gadgets of the past 20 years.

From pioneering smart cleaning to navigating stiff competition and financial troubles, the Roomba’s story is a reminder of how fast the tech landscape can change.

Eyes on the Future of Robot Vacuums

As Picea takes over, both consumers and industry watchers will be watching closely.

Will Roomba maintain its reputation for innovation, or will it transform into a lower-cost brand under its new ownership? Only time will tell, but for now, the familiar hum of a Roomba on the living room floor will keep running.

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