Thursday, March 1, 2018

Business: Ring! Gets Billion-Dollar Call From Amazon

Amazon has agreed to buy smart doorbell-startup Ring for more than $1 billion. The purchase of the video-camera doorbell company, a former “Shark Tank” reject, is one of Amazon’s biggest. 

It also strengthens the e-tailer's position in the growing home security industry (expected to hit $51.5 billion by 2022) and smart-home market as it begins in-home deliveries. Ring is expected to operate independently

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