Consumer robotics company iRobot has filed for Chapter 11 bankruptcy protection and agreed to be acquired by contract manufacturer Picea Robotics. The company said its operations and customer service will continue; the Roomba robot robot manufacturer said the company faced tariffs and competitive pressure after the deal with Amazon broke down.

Consumer robotics company iRobot has filed for Chapter 11 bankruptcy protection and agreed to be acquired by contract manufacturer Picea Robotics. The company said its operations and customer service will continue; the Roomba robot robot manufacturer said the company faced tariffs and competitive pressure after the deal with Amazon broke down.