Shelly

Shelly launched the Presence Gen4, an mmWave radar sensor priced at $84.99 that detects presence, motion and activity for up to ten people across configurable zones without using a camera. It supports Wi‑Fi, Bluetooth, Zigbee and Matter and integrates with Google Home, Apple Home, Alexa, SmartThings and Home Assistant for automations. The device covers up to 650 sq ft with a 140° horizontal field of view, requires USB‑C power, and can be tuned to include pets or ignore low objects like robot vacuums. » More on theverge.com

SHELLY has, according to preliminary calculations, increased revenue from devices and related services in the first nine months year‑on‑year by about 30% to around €112.8 million. Revenue growth accelerated in the third quarter compared with the two preceding quarters. » More on finanzen.net

Shelly increased sales in the first nine months by around 30% to €112.8 million, with growth accelerating in the third quarter. At the end of September, the SDAX-listed company signed an acquisition agreement with Schneider Electric, which is offering €70 per share and values Shelly at about €1.2 billion. Founders are supporting the deal; if completed successfully, both parties expect the transaction to close in Q1 2027 and for Shelly to be subsequently delisted. » More on finanzen.net