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flag iRobot files for bankruptcy amid financial struggles and seeks private buyout, possibly by a Chinese supplier.

flag iRobot, the maker of the Roomba robot vacuum, has filed for bankruptcy after years of financial struggles and a failed acquisition by Amazon. flag The company is now pursuing a buyout by a manufacturer, with reports indicating a Chinese supplier may take control. flag The move will take iRobot private, ending its public trading status.

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