7 years, 1 month ago

WHAT IS RING AND WHY DID AMAZON BUY IT?

Amazon acquired home security startup Ring for a reported £700 million. Clips can be streamed on smartphones and other devices, while the doorbell even allows homeowners to remotely chat to those standing at their door Ring promotes its gadgets as a way to catch package thieves, a nuisance that Amazon has been looking to remedy. Amazon late last year unveiled its own smart lock and camera combination called Amazon Key in a move into home security. Amazon has bought home security startup Ring for a reported £700 million Ring's doorbell could work well with Amazon Key, which lets delivery personnel put packages inside a home to avoid theft or, in the case of fresh food, spoiling.

Daily Mail

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