Tuesday, Amazon agreed to buy Ring, a company that makes smart doorbells, according to representatives of both companies.
"Ring's home security products and services have delighted customers since day one. We're excited to work with this talented team," an Amazon spokesperson told CNBC Tuesday. While the official deal hasn't yet been announced, it could cost Amazon over $1 billion, according to Reuters.
Tuesday, Amazon agreed to buy Ring, a company that makes smart doorbells, according to representatives of both companies.
"Ring's home security products and services have delighted customers since day one. We're excited to work with this talented team," an Amazon spokesperson told CNBC Tuesday. While the official deal hasn't yet been announced, it could cost Amazon over $1 billion, according to Reuters.
Amazon buys digital doorbell maker Ring Amazon buys digital doorbell maker Ring
For Ring's CEO and founder Jamie Siminoff, achieving such success wasn't easy. In fact, there was a time when he couldn't even get an investment on ABC's "Shark Tank," and thought his company might go broke.
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.cnbc.com/2018/02/27/amazon-buys-ring-a-former-shark-tank-reject.html
I'm more of a Kuna fan. It can easily be ripped off the wall.
!cheetah ban
Okay, I have banned @escobar4.
Congratulations @escobar4! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP