Channels

Sticky Video Player with Ad Breaks Responsive Sticky Ad Banner
AD Affiliate Disclosure: contains advertisements and affiliate links. If you click on an ad or make a purchase through a link, CoachKeewee.com may earn a commission at no extra cost to you.
📺 WATCH US NOW!

No one wants to buy Roomba maker iRobot anymore, and bankruptcy could be next

October 27, 2025

Is this the beginning of the end for Roomba?

According to the robot vacuum maker, iRobot, it’s a real possibility.

iRobot was banking on a $1.7 billion acquisition deal from Amazon, which fell apart due to regulatory issues in January 2024. Since then, iRobot has been looking for a buyer to solve its financial woes.

On Monday, iRobot shared in a regulatory filing with the SEC that talks with the last remaining potential buyer have fallen through, as CNBC reported. The company says the bidder offered a “significantly lower” price per share than what the Roomba maker’s stocks currently trade at.

iRobot’s stock dropped 33 percent on this news.

“We currently are not in advanced negotiations with any alternative counterparties to a potential sale or strategic transaction,” iRobot wrote in a regulatory filing with the SEC. “As such, there remains no assurance that our review of strategic alternatives will result in any transaction or outcome.”

While Roombas were once synonymous with robot vacuums in general, in recent years, the company has faced steeper competition from competing brands like Shark. Mashable shopping reporters have found Roombas often lag behind rival vacuums in testing. Robot vacuums have also evolved considerably, and new flagship robot vacuums now offer smart laser mapping, mopping, and self-cleaning. But over the past few years, iRobot has struggled to keep up with the competition.

iRobot has also faced considerable revenue problems in recent years and has struggled to pay debts. 

In July 2023, iRobot took out a $200 million loan to keep operations afloat, with the expectation that the company would soon be acquired by Amazon. Now, iRobot needs to find new funding, and fast, or the company says it “may be forced to significantly curtail or cease operations and would likely see bankruptcy protection.”

This latest news isn’t a total surprise.

When the company shared its financials in March, iRobot warned that it could be out of business within 12 months. And it seems not much has changed since March, aside from the fact that we are now much closer to that 12-month mark.

Content Accuracy: Keewee.News provides news, lifestyle, and cultural content for informational purposes only. Some content is generated or assisted by AI and may contain inaccuracies, errors, or omissions. Readers are responsible for verifying the information. Third-Party Content: We aggregate articles, images, and videos from external sources. All rights to third-party content remain with their respective owners. Keewee.News does not claim ownership or responsibility for third-party materials. Affiliate Advertising: Some content may include affiliate links or sponsored placements. We may earn commissions from purchases made through these links, but we do not guarantee product claims. Age Restrictions: Our content is intended for viewers 21 years and older where applicable. Viewer discretion is advised. Limitation of Liability: By using Keewee.News, you agree that we are not liable for any losses, damages, or claims arising from the content, including AI-generated or third-party material. DMCA & Copyright: If you believe your copyrighted work has been used without permission, contact us at dcma@keewee.news. No Mass Arbitration: Users agree that any disputes will not involve mass or class arbitration; all claims must be individual.

Related Posts

Logan Paul’s Prime is a cautionary tale for influencers
Logan Paul’s Prime is a cautionary tale for influencers
October 28, 2025
The world’s 10 richest people are 0 billion wealthier this year, thanks to the AI boom
The world’s 10 richest people are $500 billion wealthier this yea ...
October 28, 2025
‘Google Guys’ Larry Page and Sergey Brin have grown billion richer in 3 months — and only trail Larry Ellison in wealth gain this year
‘Google Guys’ Larry Page and Sergey Brin have grown $55 billion r ...
October 28, 2025

Sponsored Advertisement