Amazon has agreed to buy smart doorbell maker Ring for $1 billion, the companies have disclosed. Ring users already could use the Echo Show to see and hear visitors at the front door. The deal means Ring will be able to further its “mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our homes, our communities and the world,” Ring said. The acquisition is Amazon’s latest step to secure deliveries to homes and businesses through the use of smart tech.
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Amazon Buys Ring to Make Homes, Deliveries More Secure
Posted by: David Jones March 2, 2018 01:08 PMAmazon has agreed to buy smart doorbell maker Ring for $1 billion, the companies have disclosed. Ring users already could use the Echo Show to see and hear visitors at the front door. The deal means Ring will be able to further its “mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our homes, our communities and the world,” Ring said. The acquisition is Amazon’s latest step to secure deliveries to homes and businesses through the use of smart tech.