Robot has restructured after its bankruptcy proceedings and purchase by Chinese manufacturer Picea, adding a data security ...

Picea has had a long-standing relationship with iRobot, serving as the Company's primary contract manufacturer and secured lender. During the restructuring process, Picea provided critical liquidity ...

iRobot is seeking bankruptcy protection, with plans to be purchased by its primary manufacturer. The company has been seeing steep losses, higher costs, and lower revenue due to the Trump ...

iRobot, the maker of the Roomba, filed for Chapter 11 bankruptcy after financial struggles. A failed $1.4 billion Amazon acquisition contributed to iRobot's financial woes. Here's how the pioneering ...