Amazon to acquire smart doorbell maker Ring

Jeff Bezos.
(Image credit: David Ryder/Getty Images)

Amazon will acquire the start-up company Ring, the maker of internet-connected doorbells with cameras, in a deal reportedly worth more than $1 billion.

"Ring's home security products and services have delighted customers since day one," an Amazon spokesperson told Reuters. "We're excited to work with this talented team and help them in their mission to keep homes safe and secure." If this deal goes through, Ring will be Amazon's second-largest acquisition, behind the almost $14 billion purchase of Whole Foods last year. Ring has raised more than $200 million in funding, and Richard Branson is one of its investors.

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Catherine Garcia, The Week US

Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.