Amazon is acquiring doorbell videocamera startup Ring, a 'Shark Tank' reject that turned into a massive success story (AMZN)
Amazon is acquiring smart doorbell maker Ring. Ring got its start on the TV show “Shark Tank” in 2013. Amazon is acquiring Ring, a startup that makes a popular line of video camera doorbells, in a deal that could help Amazon enmesh itself further into consumer homes and lay the framework for a high-tech pipeline that delivers retail goods and groceries straight to consumers.
Source:: https://finance.yahoo.com/news/amazon-acquiring-doorbell-videocamera-startup-204654459.html
