Amazon has acquired Ring to bolster its home security products

Amazon has reportedly agreed to acquire smart home company Ring for more than $1 billion, according to Reuters. Ring is best known for selling its connected doorbells, security cameras, and floodlights, while Amazon introduced its own line of smart home solutions last fall with the Amazon Cloud Cam and Amazon Key.
“Ring is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our