Ring is a California-based home security business specialized in connected video doorbells and security cameras. Amazing purchased them for a small amount of $1 billion.
This investment will spearhead Amazon further into the Home Security business. They already acquired Blink, which manufactured similar kind of products. One of its advanced features is that it has a Cloud Cam option to use at home that allows delivery agents into your home to deliver orders.
Ring cameras are already compatible with Amazon’s Alexa assistant, and integration is advancing more and more. These two relatively new acquisitions Amazon has made will give it a strong base to compete with Google’s smart home assistant Nest, for market share.
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