In a somewhat unsurprising turn of events for anyone who’s been following the robot vacuum market, iRobot, the maker of the Roomba, has announced bankruptcy and was sucked up by its former main supplier, Picea Group. According to a Bloomberg report, Picea had already bought up iRobot’s $190 million debt from Carlyle Group Inc, and now owns the marque.
The story leading up to the bankruptcy and buyout is a sad tale of a company losing its edge and then being repeatedly kicked when it was down. Roomba is…
