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Amazon is buying NEW smart doorbell maker Ring

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Amazon is buying smart doorbell maker  Ring          With Nest’s first smart video doorbell  right around  THE CORNER , Amazon is busy buying up the competition. After acquiring Blink JUST few months   ago, Amazon is now acquiring Ring, makers of the self-titled Ring doorbell (plus a bunch of other security gear, like solar security cameras, floodlight cams and an in-home alarm system). GeekWire brock  the  rumer this afternoon, and we’ve just received independent confirmation. Details on the deal are still pretty light; the financial terms of the deal, for example, haven’t trickled out just yet.  Update: Reuters is reporting, via  tweet,  that the sale price was more than $1 billion. The company had raised around $209 million to date, according  to crunchbase Ring  is a home security company  owned by " Amazon "  Ring manufactures a range of home securi...
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