Eve Aquired by ABB

https://new.abb.com/news/detail/104038/abb-strengthens-smart-home-technology-portfolio-with-acquisition-of-eve-systems

Seems Eve has a new owner. Not sure how this will turn out.

10 points · 3 comments · view on lemmy.world

3 Comments

They’ve got an interesting product lineup focusing more on commercial it seems.

Eve will remain operationally independent; the acquisition is effective immediately with the Eve portfolio being integrated into the ABB smart home range.

Let’s hope that it’ll only get better.

aclarkc@lemmy.world · 3 pts · 3y

I suspect we all know that this will only go one of two ways.

-Eve gets an influx of cash and manufacturing access to improve product line up, elevating a great brand to a new level

-Eve gets an influx of cash AND management that is solely revenue focused that drives it into the ground