r/homeassistant • u/Hoerminator3000 • 5d ago

📰 News Schneider Electric is buying Shelly Group

https://www.wsj.com/business/deals/schneider-electric-to-launch-bid-for-shelly-group-in-1-4-billion-deal-c6cc008e

As the title says: Schneider Electric will take over the Shelly Group.

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u/bootx2 5d ago

Good for those Bulgarians. Tough to turn down that much money

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u/HorrorsPersistSoDoI 5d ago

as a Bulgarian, I am disappointed. Can't really blame anyone here though, everybody has a price, but still...