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SwitchBot’s Parent Company Acquires Nanoleaf for Approximately $40 Billion Yen

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SwitchBot’s Parent Company Acquires Nanoleaf for Approximately $40 Billion Yen

OneRobotics, the parent company of SwitchBot, has acquired smart lighting manufacturer Nanoleaf. The $40 million deal will be paid over two years. Nanoleaf’s CEO assures continued independent operations while aiming for scaling up and reducing manufacturing costs.

June 3, 2026

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