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Amazon's $1bn Ring deal opens door into home security tech

Mar 01, 2018 - The Daily Telegraph (London)

AMAZON is buying smart doorbell manufacturer Ring for more than $1bn (£725m), one of the largest acquisitions in its history.

The move comes as Amazon expands into home security technology, with the online retail giant launching smart keys and Wi-Fi connected security cameras in recent months in a bid to tackle package theft.

It raises the prospect of a delivery system where users who are away from home will be notified of somebody ringing their doorbell via a smartphone app.