Business & Tech

IRobot, The Maker Of Roomba Vacuums, Files For Bankruptcy And Sells Itself To Chinese Company

Shares of iRobot fell $3.12, or 72%, to $1.20 in pre-market trading on Monday.

Updated on: December 16, 2025

Roomba maker iRobot filed for Chapter 11 bankruptcy protection on Sunday and said the robotic vacuum cleaner would sell itself to a Chinese contract manufacturer.

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Shenzhen PICEA Robotics Co., which makes Roombas for Bedford, Massachusetts-based iRobot, will buy the company, according to a news release. iRobot said it doesn't expect any disruptions to its app, customer service or other functions.

Founded in 1990 by MIT roboticists, iRobot initially designed robots for space exploration, according to the company. iRobot debuted the Roomba in 2002, billing it as the first robotic vacuum for household floors. As sales grew, the company went public in 2005, and its stock price once topped $125.

Find out what's happening in Across Massachusettsfor free with the latest updates from Patch.

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