Who Is Shenzhen Picea Robotics, the Company Acquiring iRobot?
Shenzhen Picea Robotics is a China-based manufacturer that has played a key role in producing iRobot’s consumer devices. Through iRobot’s Chapter 11 restructuring, Picea is set to become the company’s new owner. This article explains who Picea is and what the acquisition means for iRobot and the broader robot vacuum market.