Robot survived three decades of competition, but couldn't survive European regulators killing its Amazon buyout. Now it's ...

Dec 14 (Reuters) - iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary ...

The company will go private after handing control to Shenzhen PICEA Robotics. Read more at straitstimes.com. Read more at ...

The bankruptcy announcement comes after cash struggles and a failed acquisition by Amazon.

Roomba maker iRobot has filed for bankruptcy protection in the US and will be taken private by its main manufacturer, Picea. Pressured by weak demand, tariffs and cheaper Chinese rivals, its valuation ...