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iRobot files for bankruptcy

After 35 years, the maker of the Roomba robot vacuum filed for bankruptcy protection late Sunday night. Following issuing warnings earlier this year that it was fast running out of options, iRobot announced it will enter Chapter 11 protection and plans to be acquired by its contract manufacturer, the Chinese-based Picea Robotics.

The company says it will continue to operate "with no anticipated disruption to its app functionality, customer programs, global partners, supply chain relationships, or ongoing product support." This should mean that, at least for now, your Roomba will continue cleaning your floors just as it did before.

The Mass …

Read the full story at The Verge.



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