Lower-priced "fast followers," primarily from China (such as Ecovacs), significantly eroded iRobot's market share.
iRobot emerged from Chapter 11 in early 2026 as a private company wholly owned by its former supplier, Picea Robotics. irbt buy or sell
A proposed $1.7 billion acquisition by Amazon was blocked by antitrust regulators in 2024, depriving iRobot of a critical financial lifeline. Lower-priced "fast followers," primarily from China (such as