https://www.live-feeds.com/feed/schneider-electric-to-launch-bid-for-shelly-group-in-1-4-billion-dealContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/schneider-electric-to-launch-bid-for-shelly-group-in-1-4-billion-dealhttps://www.live-feeds.com/feed/schneider-electric-to-launch-bid-for-shelly-group-in-1-4-billion-deal#u84520Sat, 26 Sep 2026 01:26:33 +0000Schneider Electric is launching a $1.4 billion bid to acquire smart device firm Shelly Group. The two companies have entered into an investment agreement regarding a voluntary public takeover. This acquisition follows reports from Bloomberg and the Wall Street Journal that Schneider Electric was nearing a deal to purchase the firm. The announcement has coincided with a surge in Shelly stock prices.Why it mattersShelly Group specializes in smart devices. This move integrates Shelly's technology into Schneider Electric's energy management and automation portfolio.What is confirmedSchne