Amazon buys Ring doorbell for over 1 billion

Mook

Mr. Manager
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May 23, 2007
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Mike
CAUSE WHY NOT

https://arstechnica.com/gadgets/201...s-smart-doorbells-bolster-in-home-deliveries/

Amazon continues to bring smart home startups under its wing with its newest acquisition. According to a Reuters report, the online retailer agreed to buy Ring, maker of connected video doorbells and smart home security cameras, for reportedly more than $1 billion.

The California-based startup is a logical acquisition for Amazon, given its recent dive into the smart home security sphere. The company launched Amazon Key last fall, a service that uses a security camera and smart door lock to allow couriers access to customers' homes to deliver packages.
 

Grabber

Oh Hai
Dec 11, 2007
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Wheeling, IL
Definitely saw this on Shark tank.

I recall them being a 1 billion dollar+ company that became super successful.

The products they offer do seem to be on par with their competitors, but, I cannot justify $200 for a door bell. Wife and I settled with a $30 wireless one that has lasted in the cold for over two years now.
 
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