Amazon splurges on Ring, hopes smart doorbells bolster in-home deliveries
https://arstechnica.com/gadgets/2018/02/amazon-splurges-on-ring-hopes-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.