iRobot Files for Bankruptcy and Transfers Control to Its Main Supplier

iRobot, once synonymous with household robots and a pioneer in smart cleaning, is facing a profound shift. The manufacturer of the well-known Roomba vacuum robots has filed for Chapter 11 bankruptcy protection in the USA. The process is part of a prepackaged restructuring plan that transfers full control to its main manufacturing partner, Picea Robotics. For iRobot, this step not only signifies a financial reorganization but also the effective end of the corporate independence that has characterized the company for decades. Price Pressure and Tariffs...