Seems Eve has a new owner. Not sure how this will turn out.
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
OR
-Eve gets an influx of cash AND management that is solely revenue focused that drives it into the ground
They’ve got an interesting product lineup focusing more on commercial it seems.
I’m familiar with ABB as making high-power power supply equipment, car chargers, that sort of thing. Do they also do consumer electronics?
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.
hopefully their core brand and values won’t change. would hate to see them drop matter and go proprietary for instance