Close Menu
The Financial News 247The Financial News 247
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
What's On
New K private school uses AI to teach students in just two hours a day — in Silicon Valley bid to shake up US education

New $65K private school uses AI to teach students in just two hours a day — in Silicon Valley bid to shake up US education

January 30, 2026
Denmark’s Bang & Olufsen New Beo Grace Earbuds Build On A Century Of Sound Technology

Denmark’s Bang & Olufsen New Beo Grace Earbuds Build On A Century Of Sound Technology

January 30, 2026
Melania Trump Documentary Projected To Have Rough Start At Box Office

Melania Trump Documentary Projected To Have Rough Start At Box Office

January 30, 2026
VCs’ Favorite Note-Taking App Granola In Talks To Hit  Billion Valuation

VCs’ Favorite Note-Taking App Granola In Talks To Hit $1 Billion Valuation

January 30, 2026
Carlos Alcaraz Reaches 1st Australian Open Final After 2nd-Longest Men’s Major Semifinal

Carlos Alcaraz Reaches 1st Australian Open Final After 2nd-Longest Men’s Major Semifinal

January 30, 2026
Facebook X (Twitter) Instagram
The Financial News 247The Financial News 247
Demo
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
The Financial News 247The Financial News 247
Home » Roomba maker files for bankruptcy — sparking worries that pricey vacuums will stop working

Roomba maker files for bankruptcy — sparking worries that pricey vacuums will stop working

By News RoomDecember 15, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn WhatsApp Telegram Reddit Email Tumblr
Roomba maker files for bankruptcy — sparking worries that pricey vacuums will stop working
Share
Facebook Twitter LinkedIn Pinterest Email

Roomba maker iRobot has filed for bankruptcy — and customers are worried that their pricey vacuums could stop working.

The 35-year-old, publicly held company will be taken over by its Chinese supplier, Shenzhen Picea Robotics, and become a privately held business, according to the Delaware bankruptcy filing on Sunday.

The Massachusetts-based company, whose robot vacuums cost up to $1,300, has been struggling since a deal for Amazon to acquire it for $1.7 billion fell apart in 2024. 

Roomba cleaners first came out 35 years ago.

Founded by researchers at the Massachusetts Institute of Technology, iRobot said it will continue to support the app that controls the robots and that it does not anticipate any disruptions.

The merger will “strengthen our financial position and will help deliver continuity for our consumers, customers, and partners,” said Gary Cohen, chief executive of iRobot.

Nevertheless, fears abounded on social media following the news.

“So what is going to happen to the functionality of mine? It’s one of the smart ones that talk with a server to do its pathing,” according to one Reddit post on Sunday. 

Another user speculated, “I bet all of those vacuums are heading to the landfill once the online services shutdown.”

Some premium models cost more than $1,000.

Some 50 million Roombas have been sold worldwide, according to the company’s website. 

The disc-shaped devices map out a room to avoid crashing into furniture and walls.

Some premium models can schedule cleanings, take voice commands, wash floors with cleaning fluid and empty the dirt they’ve collected. 

Some 50 million Roombas have been sold, according to iRobot.

IRobot warned earlier this year that a bankruptcy filing was imminent.

Amazon agreed to purchase the company in 2022 but the deal died two years later over regulatory concerns in the US and Europe.

Afterward, iRobot laid off 350 employees or 30% of its workforce.

Amazon paid the company a $94 million breakup fee.

Amazon bankruptcy Business china robots
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

New K private school uses AI to teach students in just two hours a day — in Silicon Valley bid to shake up US education

New $65K private school uses AI to teach students in just two hours a day — in Silicon Valley bid to shake up US education

January 30, 2026
Barry Diller showed interest in CNN as Warner Bros. Discovery planned to split up: report

Barry Diller showed interest in CNN as Warner Bros. Discovery planned to split up: report

January 30, 2026
Marsha Blackburn rips Live Nation’s ‘very insufficient’ response to online ticket bot allegations

Marsha Blackburn rips Live Nation’s ‘very insufficient’ response to online ticket bot allegations

January 30, 2026
Sergey Brin teams up with Eric Schmidt to fight California billionaire tax

Sergey Brin teams up with Eric Schmidt to fight California billionaire tax

January 30, 2026
Saks Off 5th to close most stores; liquidation sales start Saturday

Saks Off 5th to close most stores; liquidation sales start Saturday

January 30, 2026
Hyundai issues recall for hundreds of thousands of popular SUV model

Hyundai issues recall for hundreds of thousands of popular SUV model

January 30, 2026
Add A Comment
Leave A Reply Cancel Reply

Don't Miss
Denmark’s Bang & Olufsen New Beo Grace Earbuds Build On A Century Of Sound Technology

Denmark’s Bang & Olufsen New Beo Grace Earbuds Build On A Century Of Sound Technology

Tech January 30, 2026

Back in September 2025, a pair of wireless earbuds was launched with little fanfare or…

Melania Trump Documentary Projected To Have Rough Start At Box Office

Melania Trump Documentary Projected To Have Rough Start At Box Office

January 30, 2026
VCs’ Favorite Note-Taking App Granola In Talks To Hit  Billion Valuation

VCs’ Favorite Note-Taking App Granola In Talks To Hit $1 Billion Valuation

January 30, 2026
Carlos Alcaraz Reaches 1st Australian Open Final After 2nd-Longest Men’s Major Semifinal

Carlos Alcaraz Reaches 1st Australian Open Final After 2nd-Longest Men’s Major Semifinal

January 30, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks
Barry Diller showed interest in CNN as Warner Bros. Discovery planned to split up: report

Barry Diller showed interest in CNN as Warner Bros. Discovery planned to split up: report

January 30, 2026
South Korea Enacts Global Milestone Of AI Safety Laws Including Covering Mental Health Impacts

South Korea Enacts Global Milestone Of AI Safety Laws Including Covering Mental Health Impacts

January 30, 2026
Trump Will Reportedly Name Kevin Warsh As Fed Chair

Trump Will Reportedly Name Kevin Warsh As Fed Chair

January 30, 2026
Marsha Blackburn rips Live Nation’s ‘very insufficient’ response to online ticket bot allegations

Marsha Blackburn rips Live Nation’s ‘very insufficient’ response to online ticket bot allegations

January 30, 2026
The Financial News 247
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact us
© 2026 The Financial 247. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.