Amazon Acquires Ring, Expanding Reach Into Home Security

February 28, 2018
Amazon acquired Ring, a video doorbell maker, on Tuesday, marking another foothold in the home security and surveillance business for the company.

The tech giant bought the smart-doorbell maker in a deal reportedly exceeding $1 billion on Tuesday. It marks another big step into the camera surveillance business for the online retailer.

(Image credit: Paul Sakuma/AP)



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