Amazon is acquiring doorbell videocamera startup Ring
Advertisement
Amazon is acquiring Ring, a startup that makes a popular line of video camera doorbells, according to a report in Geekwire.
Advertisement
The deal is expected to be announced on Tuesday afternoon, Geekwire reported.
It's unlcear how much Amazon paid to acquire Ring, a Santa Monica, California based company that got its start on the TV show Shark Tank.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Amazon and Ring did not immediately return Business Insider's request for comment.
Developing...
Advertisement
Visit Markets Insider for constantly updated market quotes for individual stocks, ETFs, indices, commodities and currencies traded around the world. Go Now!
Advertisement
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Foreign tourist arrivals in India will cross pre-pandemic level in 2024
- Upcoming smartphones launching in India in May 2024
- Markets rebound in early trade amid global rally, buying in ICICI Bank and Reliance
- Women in Leadership
- Rupee declines 5 paise to 83.43 against US dollar in early trade