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Amazon to buy smart doorbell startup Ring

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Friday, March 2, 2018

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On Tuesday representatives from US-based online retailer Amazon.com and smart doorbell company Ring announced the startup company will be acquired by Amazon. Ring builds WiFi-connected video doorbells that allow homeowners to view and talk to people at their door from their smartphone. Ring also sells security cameras.

The deal was not officially announced to have happened, although an Amazon spokesperson told about the acquisition to US television channel CNBC (Consumer News and Business Channel).

Analysts suggested the deal could aid the Amazon Key service, which allows Amazon grocery, and other, deliveries to be dropped off inside Amazon Prime members' homes. Use of Ring WiFi-connected cameras would complement the indoor Cloud Cam Amazon provides to members.

Previously, Ring's CEO, Jamie Siminoff, remarked the company started when his doorbell wasn't audible from his shop in his garage. He built a WiFi door bell, he said. Siminoff said sales boosted after his 2013 appearance in a Shark Tank episode where the show panel declined funding the startup. In late 2017, Siminoff appeared on shopping television channel QVC. Ring also settled a lawsuit with competing security company, the ADT Corporation.

Amazon's Echo smart home speaker product had already been integrated with Ring, by taking voice commands to show the image from a Ring front door camera on an Echo Show device. Amazon had also purchased Blink, a manufacturer of internet-connected security cameras and doorbells, in late 2017.


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  This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License
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