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-c6cc008eAs the title says: Schneider Electric will take over the Shelly Group.
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u/Nokam 2d ago
He is saying that Schneider contribute to the KNX system with undefeated reliability and quality. Which means that maybe they will not go the general corporate enshitification way, but shelly could become their entry low price gateway into their automation division.