Amazon buys smart doorbell and home security firm Ring for over $1 billion

BetaNews
By Mark Wycislik-WilsonFeb 28, 2018, 5:03 am121 pts
Amazon has opened up its wallet and splashed more than $1 billion on buying Ring. Famed for its selection of smart doorbells, security cameras and other security devices, the purchase of the Santa Monica, California firm is Amazon's latest foray into home security. While details of the deal are currently a…

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