Here's a three-bullet point summary of the iRobot article, as of December 2025:

* **Robotics Pioneer Files for Bankruptcy:** iRobot, the company behind the popular Roomba vacuum, has filed for Chapter 11 bankruptcy after a 35-year run, despite once being poised for significant growth and even an acquisition by Amazon.
* **Amazon Deal Collapse and Market Challenges:** A planned $1.7 billion acquisition by Amazon fell through in 2024 due to regulatory concerns, followed by declining earnings related to supply chain issues and increased competition from cheaper Chinese-made robot vacuums.
* **Chinese Supplier Takes Control:** Shenzhen PICEA Robotics, iRobot's main supplier and lender, will now take control of the reorganized company, promising to maintain existing operations and support for customers, though the long-term future remains uncertain.