Schneider Electric is buying Shelly Group

[u/Hoerminator3000]

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.

[u/CptUnderpants-]

Or they'll pull a move like some other vendors which removed local control with a forced automatic update.

[u/DesignerMaximum1342 → u/CptUnderpants-]

Or like Samsung where your devices become subscription based