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Alienator |
Big news for all of you guys with Ring. Amazon.com Inc. AMZN +0.60% acquired Ring, maker of video doorbells, in a deal valued at more than $1 billion, a person familiar with the transaction said, giving the online giant a bigger foothold in the burgeoning internet business of home security. The acquisition, believed to be Amazon’s second biggest after its roughly $13.5 billion purchase of Whole Foods last year, is the latest in a string of moves that signal the company’s ambitions to enter a staggering variety of markets. From its start as an online bookseller in Chief Executive Jeff Bezos’s garage more than two decades ago, the company has expanded into delivering its own packages, building a dominant cloud computing services business and becoming a brick-and-mortar grocer overnight with its acquisition of Whole Foods. The latest deal plays to Amazon’s efforts to control the devices that power smart homes, an area in which it is becoming a dominant player. Certain Ring doorbells and cameras already connect with its virtual assistant, Alexa. –– ADVERTISEMENT –– Is Amazon Going to Rule the World? Amazon wants to deliver everything you want to your doorstep, anywhere in the world. But the e-commerce giant faces several challenges in its pursuit of a global empire. WSJ's Karan Deep Singh breaks down the basics with the help of an Amazon delivery box. Package theft has become an increasing problem for e-commerce companies as consumers order more online. Amazon has responded with solutions including package lockers and apartment buildings’ package hubs. Late last year, it launched its Cloud Cam security camera combined with its “Amazon Key” product, which allows its delivery drivers to deposit packages into customers’ homes via a smart lock system. The Ring acquisition also increases Amazon’s threat to Alphabet Inc . GOOGL -0.01% ’s home automation unit, Nest Labs, which Google acquired for $3.2 billion in 2014. Nest is a leading player in the smart-home security field and makes internet-connected thermostats, smoke detectors and security cameras that work with both Google and Amazon’s virtual assistants. According to Research and Markets, the global home security market is expected to reach $51.5 billion by 2022. The firm predicts the do-it-yourself segment of the market will grow the fastest, as installation gets cheaper and easier. Amazon’s acquisitions break with the online retail giant’s typical strategy of building out its own solutions. In December, Amazon bought wireless home-security camera maker Blink for an undisclosed sum. In acquiring Ring, Amazon buys a technology that allows homeowners to see, hear and speak to anyone at the door via their smartphones, tablets or PCs. Ring also makes security cameras. Stock prices of ADT Inc . ADT -6.47% , a security company, fell 5% to close at $11.60 per share on the deal news, which was reported earlier Tuesday by GeekWire, and they were again lower in after-hours trading. Amazon and the four-year-old Santa Monica, Calif.-based Ring announced the deal Tuesday in brief statements that provided no financial details. Ring also said in its statement that it will be able to achieve more by teaming up with Amazon. Ring was valued at around $1 billion in its last round of private investment, including the amount of the funds it raised, said the person familiar with the transaction. The person said the Ring acquisition was larger than Amazon’s acquisitions of Twitch Interactive, a popular internet video channel for broadcasting, and online shoe retailer Zappos.com, both of which closed for roughly $1 billion. Write to Laura Stevens at laura.stevens@wsj.com and Douglas MacMillan at douglas.macmillan@wsj.com https://www.wsj.com/articles/a...doorbells-1519768639 SIG556 Classic P220 Carry SAS Gen 2 SAO SP2022 9mm German Triple Serial P938 SAS P365 FDE P322 FDE Psalm 118:24 "This is the day which the Lord hath made; we will rejoice and be glad in it" | ||
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Now in Florida |
Shows what those guys on Shark Tank know....they all rejected it. | |||
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thin skin can't win |
Unless they go all Apple on me and start phasing out my Gen2 Ring this is merely a curiosity as a user. Still love it, BTW! As an AMZN owner, this is an interesting move indeed. The speculation of them integrating further iterations into their inside-delivery service model plans has some merit. Personally I barely let family inside my house when I'm not there, but if there are enough idiots who actually WANT to give this access then who am I to stop them? You only have integrity once. - imprezaguy02 | |||
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Raised Hands Surround Us Three Nails To Protect Us |
Be interesting to see if they include the cloud video storage with the Prime membership. I bought one and returned it as it was just way to large for my door. Could not get it mounted and looking proper. I am going to give the Nelly’s Security a doorbell a go a it is much more narrow but also is compatible with Blue Iris and the Ring is not. ———————————————— The world's not perfect, but it's not that bad. If we got each other, and that's all we have. I will be your brother, and I'll hold your hand. You should know I'll be there for you! | |||
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Normality Contraindicated |
They probably want to integrate facial recognition of their delivery drivers into Ring and wireless door locks, so that when they deliver a package to the door, the door will automatically unlock if the delivery driver's face is recognized as legit. ------------------------------------------------------ Though we choose between reality and madness It's either sadness or euphoria | |||
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"Member" |
This way they can confirm when your orders get delivered. I certainly wouldn't buy one now, they get more scary every day. Skynet shit. _____________________________________________________ Sliced bread, the greatest thing since the 1911. | |||
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Normality Contraindicated |
When I reviewed the video of an Amazon delivery driver dropping a package on my front porch a few weeks ago, the driver took a picture of the package on my porch after he laid it down. Not sure if he just did that on his own, or had been instructed to do it. ------------------------------------------------------ Though we choose between reality and madness It's either sadness or euphoria | |||
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Tinker Sailor Soldier Pie |
And I want absolutely nothing to do with that. ~Alan Acta Non Verba NRA Life Member (Patron) God, Family, Guns, Country Men will fight and die to protect women... because women protect everything else. ~Andrew Klavan | |||
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Political Cynic |
not going to happen at my place. No Alexa, no Siri...they deliver a package, it stays outside - they do not get carte blanche access to my house my family doesn't get that [B] Against ALL enemies, foreign and DOMESTIC | |||
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"Member" |
A few weeks back at work, one of my guys did some work in an appartment where there was a whole bunch of cash laying out on the dresser. He took a picture of it when he was done working to prove it was still there when left. Of course I teased him about it, "How does that prove you didn't just take it after you took the picture?" Same here, what does the video really prove other than that they bothered to go to your house. _____________________________________________________ Sliced bread, the greatest thing since the 1911. | |||
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Member |
This is SOP for Amazon's in house logistics division. The picture is in your notification of delivery. It actually comes in handy when you have a really lazy driver who can't come all the way up and place it at your door. I've had them tossed halfway down the sidewalk, at the side of the stairs etc and the pic helps provide a clue. | |||
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Diogenes' Quarry |
Coincidentally, I bought and installed a Ring unit for my front door three weeks ago, and have been very, very pleased with it. | |||
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Unapologetic Old School Curmudgeon |
No delivery idiots are entering my house. Don't weep for the stupid, or you will be crying all day | |||
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Member |
Originally posted by SIG4EVA: The latest deal plays to Amazon’s efforts to control ... Certain Ring doorbells and cameras already connect with its virtual assistant, Alexa. ____________________ | |||
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Go Vols! |
The Pro is a good bit slimmer than the Ring 2 I think. Which did you try? | |||
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Raised Hands Surround Us Three Nails To Protect Us |
Pro. I have about an 1” or flat space. The door frame has a bunch of decorative bevels and could not get it too look right. I am going to try to make a bracket/cap for that section of the door frame without it look weird or out of place. ———————————————— The world's not perfect, but it's not that bad. If we got each other, and that's all we have. I will be your brother, and I'll hold your hand. You should know I'll be there for you! | |||
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thin skin can't win |
I had to do exactly that on our new home, but it can work. The advantage to us was that rather than it being perpendicular to door it now is angled in about 5 degrees, actually gives an even more clear view of folks. You only have integrity once. - imprezaguy02 | |||
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Member |
Bezos: ____________________ | |||
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Ignored facts still exist |
WiFi cameras never quite work out for me. Too many interruptions in the video. I prefer wired IP cams. Most of the experts here agree based on past threads. . | |||
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thin skin can't win |
Black - they actually have some options for this at AMZN: link You only have integrity once. - imprezaguy02 | |||
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