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Roomba

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69 days ago

Roomba's bankruptcy should serve as a warning sign to many small companies that big tech may not be able to come to the rescue, say M&A experts.

74 days ago

The company's bankruptcy comes after Amazon abandoned its planned acquisition of iRobot in 2024 due to mounting regulatory scrutiny.
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.

US-listed company, whose profits have been in decline since the pandemic, will be taken over by Picea

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The US company behind the Roomba robot vacuum cleaner has filed for …

Under the so-called pre-packaged Chapter 11 process, the main maker of its devices will take ownership of the firm.

4 months ago

The Roomba maker's financial condition has worsened since Amazon abandoned its planned acquisition of the company in 2024.

11 months ago

Its financial situation has worsened since Amazon walked away from its $1.7 billion acquisition of iRobot last year, citing regulatory hurdles.
Its financial situation has worsened since Amazon walked away from its $1.7 billion acquisition of iRobot last year, citing regulatory hurdles.

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