Wednesday, 28 February 2018

Amazon agrees to buy Ring, maker of video doorbells

SAN FRANCISCO — Amazon is acquiring video doorbell-maker Ring in a move that further solidifies its presence in the home technology and delivery market.
The deal comes as Amazon tries to make its Alexa voice assistant a hub for the connected home and reduce one problem with its rapidly expanding delivery operation — package theft. It also gives Amazon another point of rivalry with Google, which has a competing Nest video doorbell.

Source: usatoday

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