Ring modernized the doorbell, then its inventor, Jamie Siminoff, went to war against crime
Ring founder and Chief Executive Jamie Siminoff stands in the new building in Santa Monica where his company will expand. Ring founder and Chief Executive Jamie Siminoff stands in the new building in Santa Monica where his company will expand. If booming sales, expanding offices and a parade of TV commercials hadn't put Jamie Siminoff on the radar of the home security industry, an early March incident certainly did. Four hours after the rumored collapse of a merger between a software start-up and security giant Honeywell, Siminoff took a cross-country red-eye, ready to swoop in with an offer of his own. Avoiding a drawn-out acquisition process, Siminoff in a single day hired all 75 of the beleaguered start-up's employees to work for Ring, his Santa Monica video doorbell company. Caught flat-footed, global giants that were weighing a purchase howled at Siminoff by phone. "They sat back, futzed around and let these people lose their jobs and now they want to harass" me, he said.
May-12-2017, 10:10:04 GMT
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