Amazon buys smart doorbell maker Ring for a reported $1 billion
Publishing timestamp: 2018-02-27 20:55:31
Summary
Amazon is buying smart doorbell maker Ring for over $1 billion, allowing them to expand their home security and in-house delivery services. Ring will remain an independent business under Amazon, similar to their other acquisitions. This move is part of Amazon's efforts to enter the home security space, following partnerships with other companies and acquisitions like Blink.
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Keywords: enterprise, technology, business news, amazon.com inc, mergers and acquisitions,