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Why It Matters
Bloomberg : Sources: Schneider Electric is nearing a deal to acquire Bulgaria-based smart home device maker Shelly Group at a €1.27B valuation, excluding debt — Schneider Electric SE is nearing an agreement to acquire Shelly Group SE, a maker of smart devices for the home, according to people familiar with the matter.
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Discovered via TechMeme and published by techmeme.com.
Original description
Bloomberg : Sources: Schneider Electric is nearing a deal to acquire Bulgaria-based smart home device maker Shelly Group at a €1.27B valuation, excluding debt — Schneider Electric SE is nearing an agreement to acquire Shelly Group SE, a maker of smart devices for the home, according to people familiar with the matter.
Discovered via TechMeme
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Publisher: techmeme.com
ID: https://www.techmeme.com/260924/p4#a260924p4 · Indexed about 2 hours ago