Amazon is making its second-biggest acquisition ever — the doorbell company Ring

6 years ago
Anonymous $gcegwZ91io

https://www.recode.net/2018/2/27/17059768/amazon-ring-acquisition-doorbell

Amazon is buying Ring, the smart doorbell maker, in Amazon’s second-largest acquisition ever.

Ring is now being bought for somewhere between $1.2 billion and $1.8 billion, according to sources. The startup had just recently authorized a fundraising round that would have valued the company at about $1 billion. Both companies confirmed the acquisition, which was first reported by GeekWire.