iRobot Corporation (NASDAQ: IRBT), the company behind the iconic Roomba vacuum, announced a major restructuring move today: it has entered into a Restructuring Support Agreement (RSA) with its secured lender and primary contract manufacturer, Shenzhen Picea Robotics Co., Ltd., and Santrum Hong Kong Co., Ltd. (collectively “Picea”) for Picea to acquire iRobot through a court-supervised process. Read More









