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From Roomba Pioneer to Chinese Ownership: iRobot Files for Bankruptcy After 35 Years

From Roomba Pioneer to Chinese Ownership: iRobot Files for Bankruptcy After 35 Years

Imagine a scenario straight out of a corporate thriller: a legendary American tech brand, once the undisputed king of its niche, falls into financial ruin and ends up owned by its own overseas manufacturer—the very company that assembled its flagship products. While Foxconn acquiring a bankrupt Apple remains firmly in the realm of speculation, something remarkably similar has just unfolded in the world of smart home robotics.

|Business| 2716