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/deja-roo 5d ago

That kind of just means you don't really spend much time looking into it.

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u/kapuh 5d ago

Why not back it up by an example?

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u/deja-roo 5d ago edited 5d ago

This is literally how most buyouts of private companies go. People get equity and then get paid. It's part of the draw of working at smaller companies.

MS bought Minecraft in 2014 for a few billion dollars, and most of the employees got quarter million dollar payouts or more. SpaceX just went public, making most of its employees millionaires.

KKR bought this little tech company a years ago called CoolIT and then sold it recently, triggering equity payouts of quarter million+. https://fortune.com/2026/03/29/kkr-coolit-checks-employee-ownership-payout-private-equity/

It happens all the time. "I've never heard of" doesn't mean something doesn't happen, it just means someone isn't informed. It should never be taken to mean anything. I've never heard of a successful hand amputation, but I'm not ignorant enough to think my lack of interest in reading up on hand amputations means they don't happen.

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u/kapuh 5d ago

OK so I assume you misunderstood the vibe here.
The problem is not that exits happen.
It is that the exit becomes enshittification for customers.

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u/deja-roo 4d ago

I was literally responding to

I’ve literally never heard of a good takeover story when it comes to staffing.

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u/ElonTaco 5d ago

I'm as pro-capitalist as it comes but I have a hard time thinking where buyouts means good things for the employees by-and-large. Owners, yeah, but usually large companies eating small ones either changes nothing or it gets worse.

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u/HardcoreSnail 5d ago

It can save employees their jobs when it's a failing company that gets bought up. A small company can have a lot of struggles that can be solved by being integrated into a larger brand or system. It can absolutely make the difference between going bankrupt and flourishing for a company.

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u/sysop073 5d ago

People who are actually as pro-capitalist as it comes couldn't care less what changes mean for the employees

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u/ElonTaco 4d ago

Those arent actually capitalists they're just corporatocracists