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Amazon and Ring Close Acquisition

13 April 2018

At the time of the acquisition, Ring noted that it "is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our Neighbors that make a positive impact on our homes, our communities, and the world".

Amazon has finalized its acquisition of Ring, maker of the video doorbell.

The relationship between Amazon and Ring began in 2016 through the Alexa fund, Amazon's investment division focused on supporting companies that develop voice-related features.

The dark-colored Ring doorbell is also on sale for $99.99 and ships April 22 on amazon.com. The two companies will work together to accelerate Ring's mission to reduce crime in neighborhoods with affordable, effective home security products and services, so more customers can see, hear, and speak to people on their property from anywhere. As well as acquiring Ring, Amazon also purchased smart camera and also doorbell maker Blink in December past year and Amazon also has their own Cloud Camera available as well.

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The smart doorbell allows an owner to see who is at the door and respond, even if at another location.

"Ring's talented team has invented home security products and services that customers love".

Amazon's Cloud Cam is yet another product under the company's direction that is, in many ways, a competitor of Ring and Blink. The Ring product line, along with the Ring Neighborhoods network, enable Ring to offer affordable, proactive whole-home and neighborhood security. The Video Doorbell is also now listed as $99.99 on Ring's website.

Amazon and Ring Close Acquisition