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Amazon is buying NEW smart doorbell maker Ring
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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