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technologyDevelopingUpdated 3 h ago · since 24 Sept 2026

Schneider Electric acquires smart home provider Shelly for approximately 1.2 billion euros

Schneider Electric agreed to acquire smart-home provider Shelly, valuing the company at around 1.2 billion euros.

2 sources1 country2 articles2 independent outletsSource strength 34/100 ⓘSchneider ElectricShellyShelly Group
Schneider Electric acquires smart home provider Shelly for approximately 1.2 billion euros

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Germany