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Amazon buys video doorbell firm Ring for over $1bn

The Guardian

Amazon has acquired video doorbell and home security camera maker Ring in a deal reportedly worth more than $1bn, as it pushes further into the internet of things and in-home-delivery space.


Ring CEO won't quit until 'we’ve curbed crime' in a significant way

USATODAY - Tech Top Stories

A link has been posted to your Facebook feed. SANTA MONICA – To say that Ring CEO Jamie Siminoff is driven is an understatement. The scrappy entrepreneur, who hustled his video bell product for several years on home shopping networks and TV ads and struck up a working relationship with Amazon that resulted in a $1-billion 2018 purchase, was in a brief coma 48 hours before USA TODAY came to visit Monday. He was skiing in Montana, made a bad move and got hit. He says he initially couldn't remember what he had for breakfast and didn't recognize his son.


Amazon drops price of Ring Video Doorbell to $99 after closing acquisition

ZDNet

On Thursday, Amazon announced its purchase of the video doorbell company, Ring, has closed. The acquisition was first announced in February. Now that Amazon officially owns Ring, the company's product lineup joins Amazon's expanding portfolio of home security products. Blink, another recent Amazon acquisition, offers similar indoor and outdoor camera products to those in Ring's lineup. Amazon's Cloud Cam is yet another product under the company's direction that is, in many ways, a competitor of Ring and Blink.


Rejected by 'Shark Tank,' Ring doorbell founder returns as guest shark

USATODAY - Tech Top Stories

Jamie Siminoff came to CES in 2011 and bet $2,000 that a card table at the Consumer Electronics Show could make or break his company. SEATTLE -- In 2013, inventor Jamie Siminoff brought his idea for a video doorbell to TV's "Shark Tank," hoping to find a backer for his new company. The sharks flatly rejected him. But the product, Ring, became a huge hit, and Amazon purchased his company in 2018 for over $1 billion. Now, "Shark Tank" wants him back, this time as a guest shark beginning with the season premiere Oct. 7 on ABC.