It looks like the company is being liquidated by creditors
After this shutdown, their reputation and customer base are destroyed.
I dont imagine anyone buying this company at this point. The future, and more importantly, where the money and investment are, is Matter and standardized open smart home protocols, at least in the DIY market. Someone might pick up some of the assets, but even if that happened I doubt it will ever function the way it used to.
Update- I stand corrected - see post below