iRobot, the company that brought robotic vacuum cleaners to homes and popular culture, has filed for bankruptcy. It plans to sell all assets to its primary supplier, the Chinese company Picea Robotics. Investors “will experience a total loss and not receive recovery on their investment” if the deal is approved, iRobot said. The company didn’t discuss how the move might affect its employees in the US or elsewhere.
Amazon dropped its $1.7 billion acquisition of the company last year after a veto threat from European regulators, leaving the Roomba maker with no other option. Political scrutiny came on two fronts: The company was also reportedly hit hard by Trump’s tariffs in Vietnam, where it manufactures products for the US market.
iRobot launched its first Roomba in 2002, arguably inventing the world of robot vacuums — and the first robots to enter many of our homes. Competition from rivals has chipped away at its dominance, with other companies coming in at both lower and higher prices, like Roborock, Dyson and Anker’s Eufy.
Advertisement Advertisement
Advertisement
— Mat Smith
The other big stories this morning
I like the illuminated charging bowl too.
IKEA
IKEA’s revamp of its smart home products doesn’t end with Matter support. It also has some new Qi wireless chargers. First up, the $10 VÄSTMÄRKE combines a PopSockets-style phone grip with cable storage in a donut-shaped package.
... continue reading