iRobot’s bankruptcy isn’t the end — it’s a reboot, says its CEO

The Roomba shaper volition proceed to run but volition beryllium owned by Picea Robotics.

The quality that the shaper of the Roomba robot vacuum, iRobot, filed for bankruptcy this week came arsenic nary surprise. Its CEO, Gary Cohen, had been warning investors each year that the institution could tally retired of currency unless a purchaser was found. When its last imaginable woody fell through, bankruptcy became inevitable. But Cohen says this is not the extremity for iRobot; instead, helium sees it arsenic the opening of a caller section for the company, 1 helium hopes volition crook it backmost into a competitory marketplace person and perchance instrumentality it into new, greener territory.

Cohen was brought connected successful aboriginal 2024 to crook the institution astir erstwhile cofounder and CEO Colin Angle stepped d …

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