Amazon to acquire Ring

JulienJ

Member
From not getting a deal on Shark Tank as Doorbot to rebranding as Ring and getting the premium name Ring.com to being acquired for more than $1billion.

Jamie Siminoff the founder of the company was interviewed by James Iles of Namepros awhile back.

Venture Beat covered the acquisition:

Amazon has acquired Ring, maker of smart home doorbells, cameras, and security systems, according to GeekWire. The company was acquired for more than $1 billion, according to Reuters. The acquisition may be announced later today and was likely made to fuel its fight for the emerging in-home delivery and in-home services market.

Amazon debuted its in-home delivery service Key and Cloud Cam last October. A day earlier, Assa Abloy, owner of one of the world’s largest smart lock companies, acquired August Home, following the start of its in-home delivery trial.


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