Ama­zon to buy Ring for home se­cu­rity

Chattanooga Times Free Press - - LOCAL BUSINESS DIRECTORY -

Ama­zon is ex­pand­ing its home-se­cu­rity busi­ness by buy­ing Ring, which makes Wi-Fi-con­nected cam­eras and door­bells.

The deal comes months af­ter the on­line re­tailer started sell­ing its own Wi-Fi-con­nected in­door se­cu­rity cam­eras, which work with its voice-as­sis­tant Alexa. The Ring ac­qui­si­tion helps Ama­zon bet­ter com­pete with Google’s Nest, which also makes cam­eras.

Ring’s door­bells and cam­eras cap­ture video that can be streamed on smart­phones and other de­vices.

Seat­tle-based Ama­zon.com Inc. de­clined to say how much it was pay­ing for Ring or when the deal will close.

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