Amazon acquires smart doorbell maker for more than $1 billion

bizjournals Wednesday, 28 February 2018 ()
Amazon.com Inc. will acquire smart doorbell maker Ring in a deal reportedly valued at more than $1 billion. Ring is an outdoor home security company best known for making doorbells with cameras so customers can see who's at the door on their smartphone or tablet. GeekWire broke news of the deal and reported Amazon will allow Ring to operate independently, like Amazon has with other acquisitions such as Zappos and Audible. Reuters reported the deal is worth more than $1 billion. Ring has raised…
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Source: Wibbitz Studio - < > Embed
News video: Amazon Acquires Smart Doorbell Maker 'Ring' for a Reported $1 Billion

▶ Amazon Acquires Smart Doorbell Maker 'Ring' for a Reported $1 Billion 00:53

Amazon Acquires Smart Doorbell Maker 'Ring' for a Reported $1 Billion Ring, based in Santa Monica, CA, manufactures video doorbell systems that enable people to see who was at the door from both inside and outside the home using their smartphone. The deal helps the e-commerce giant expand on its home...

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Ivan Trajkovic 📷💻📺 RT @engadget: Amazon acquires Ring's smart doorbell business https://t.co/nffFarKwi1 20 minutes ago

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Capital Keys Autism Families, Inc. Amazon acquires smart doorbell maker Ring, reportedly for over $1 billion https://t.co/BtxD70Ol2v 29 minutes ago

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Cam RT @engadget: Amazon acquires Ring's smart doorbell business https://t.co/nffFarKwi1 43 minutes ago

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Amber R. Boehm Amazon buys smart doorbell and home security firm Ring for over $1 billion https://t.co/MX1h2RgKHH https://t.co/Opp7epeBlT 48 minutes ago

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Amber Boehm Amazon buys smart doorbell and home security firm Ring for over $1 billion https://t.co/BUrfpXMVRb https://t.co/9ONOurTzNc 48 minutes ago

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bart peelmans RT @Josh_Bersin: Amazon acquires smart doorbell maker Ring, reportedly for over $1 billion, Amazon moves into smart home step by step. htt… 50 minutes ago


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