Amazon buys smart doorbell and home security firm Ring for over $1 billion

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Amazon has opened up its wallet and splashed more than $1 billion on buying Ring. Famed for its selection of smart doorbells, security cameras and other security devices, the purchase of the Santa Monica, California firm is Amazon’s latest foray into home security. While details of the deal are currently a little thin on the ground, it is expected that the Ring name will live on, and it is likely that future products released under the brand will feature Alexa smart assistant integration. See also: Amazon offers refunds to people who paid to remove ads from Prime Exclusive Phones Amazon…

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