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Chronicles

The story behind the story

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iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea

iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model …

Bloomberg

Discussion

  • @0xgeegee @0xgeegee on x
    Press F for iRobot
  • @alecstapp Alec Stapp on x
    Thank god regulators blocked these acquisitions [image]
  • @boringbiz_ @boringbiz_ on x
    Robot vacuum maker iRobot just filed for Chapter 11, and will hand over the company to Shenzhen PICEA and Santrum Hong Kong Our regulators allowed this to happen. They blocked Amazon's acquisition and handed the company over to China [image]
  • @matthewstoller Matt Stoller on x
    iRobot is selling itself to Chinese manufacturers, a result of hedge fund attack a decade ago that gutted the company. Wall Street is a threat to our national sovereignty.
  • @storagezilla Mark Twomey on x
    People complained about Amazon getting your house mapping data when it tried to buy iRobot. The deal was blocked. Now the company is bankrupt and about to be sold to the Chinese.
  • @carnage4life Dare Obasanjo on bluesky
    Roomba maker iRobot is filing for bankruptcy after being steamrolled by cheap Chinese rivals.  The 2023 acquisition attempt by Amazon got blocked by regulators because Amazon might favor iRobot while selling vacuums on its marketplace.  —  So instead we get... bankruptcy.  Congra…
  • @tyleraking.com Tyler King on bluesky
    iRobot just became a Chinese company.  [embedded post]
  • @heridesbikes.com @heridesbikes.com on bluesky
    The Amazon deal falling through killed them.  Also doesn't help that competition surpassed them in a market that they controlled for so long.
  • @curvenomics @curvenomics on bluesky
    So sad.  AMazon agreed to buy them for a very favorable price but government intervention prevented the deal and now they are a zero for equity shareholders.
  • r/homeassistant r on reddit
    Robot Vacuum Roomba Maker Files for Bankruptcy After 35 Years
  • r/homeassistant r on reddit
    Robot Vacuum Roomba Maker Files for Bankruptcy After 35 Years
  • r/robotics r on reddit
    iRobot goes bankrupt after 35 years
  • r/roomba r on reddit
    iRobot Announces Strategic Transaction to Drive Long-Term Growth Plan
  • r/RobotVacuums r on reddit
    Robot Vacuum Roomba Maker Files for Bankruptcy After 35 Years
  • r/technology r on reddit
    Robot Vacuum Roomba Maker Files for Bankruptcy After 35 Years
  • @joecarlsonshow Joseph Carlson on x
    Mission accomplished. Evil Amazon was blocked from an acquisition that would have supported the financial state of the company. Now your Walmarts and Costcos are filled with Chinese robot vacuums. [image]
  • @bryanrbeal Bryan Beal on x
    iRobot is bankrupt. Quite literally destroyed by regulators. Amazon as fist hand how many dozens of cheap Chinese knockoffs were sold on their site and wanted to buy them anyway. Somehow our FTC and politicians thought a robot vacuum being knocked off by dozens of Chinese
  • @volvoshine Ryan RC Rea on x
    And the Chinese get iRobot / Roomba instead of Amazon... Thank you Lina Khan / FTC 🙄 [image]
  • @radbackwards Dar on x
    RIP iRobot. That wasn't just a vacuum cleaner— those were a bunch of crazy mother fuckers that paved the way in robotics for decades. Respect and love.
  • @ljkawa Luke Kawa on x
    Last one to leave the Roomba, please turn off the lights: iRobot files for Chapter 11, plans to go private in restructuring deal with its manufacturer. 11 days ago it booked a record one-day gain on a report of Trump admin plans to boost robotics. https://sherwood.news/... [image…
  • @oliviasolon Olivia Solon on x
    As Roomba files for bankruptcy, let's never forget its legacy https://www.theguardian.com/ ...
  • @compound248 @compound248 on x
    “The most entertaining outcome is the most likely.” -@elonmusk After its acquisition by Amazon was blocked by Lina Khan, Roomba maker iRobot failed today and is being acquired in bankruptcy by a Chinese competitor, which will now be mapping your house. Can't make this sh!t up. [i…
  • @pyperkub @pyperkub on bluesky
    Sad to see this news about iRobot going into bankruptcy.  Our ten year old Roomba is scissor running right now.  Audi, and good reason to remember to buy products not dependent on cloud services airways being available. techcrunch.com/2025/12/14/h...
  • r/technology r on reddit
    How iRobot lost its way home
  • r/gadgets r on reddit
    How iRobot lost its way home