Amazon buys home security start-up
Financial terms of the acquisition were not disclosed
SAN FRANCISCO:
Blink on Friday put out word that online retail goliath Amazon has bought the start-up specialising in wireless home security cameras. “We’ll continue to operate under the Amazon umbrella,” Blink said in a blog post. “It’s Day 1 for us at Amazon, and we’re looking forward to seeing what we can deliver to our customers together.” The US start-up last week added video doorbell priced at $99 to its home security system offerings. Financial terms of the acquisition were not disclosed, and Amazon did not reply to an AFP inquiry. Amazon recently stretched its delivery arm inside homes with the debut of a smart lock and camera combination that also signalled a move into home security.
Published in The Express Tribune, December 24th, 2017.
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