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Amazon’s acquisition of Ring points to smart home security focus

03

Mar 2018

Amazon’s acquisition of Ring points to smart home security focus

Amazon has agreed to purchase Ring, the Santa Monica-based video doorbell manufacturer, according to GeekWire. Neither company confirmed the final acquisition price, though Recode reports the e-commerce titan paid somewhere between $1.2 billion and $1.8 billion. That would make it Amazon’s second-largest acquisition ever, behind only its $14 billion deal for Whole Foods last summer. It’s still unknown when the companies expect to finalize the acquisition. The deal...

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