Picea Robotics completes acquisition of iRobot, ending 36-year independence

iRobot (Picea)/Roomba

Chinese contract manufacturer Picea Robotics completed its court-supervised acquisition of iRobot on January 23, 2026. Picea canceled $190 million of iRobot's debt and $74 million owed under the manufacturing agreement, taking 100% ownership. iRobot remains headquartered in Massachusetts with US product development, marketing and operations intact.

• Picea is iRobot's Vietnamese contract manufacturer that took it private through bankruptcy.
• Debt canceled: $190M in loans + $74M manufacturing agreement obligations.
• iRobot maintains US headquarters (Bedford, MA) and product development teams.
• Picea is positioning the combined company as a leader in global consumer robotics.