{"id":208,"date":"2020-02-13T10:34:00","date_gmt":"2020-02-13T10:34:00","guid":{"rendered":"https:\/\/sagaciousresearch.com\/blog\/?p=208"},"modified":"2023-04-05T10:31:22","modified_gmt":"2023-04-05T10:31:22","slug":"home-automation-company-got-acquired-billions","status":"publish","type":"post","link":"https:\/\/sagaciousresearch.com\/blog\/home-automation-company-got-acquired-billions","title":{"rendered":"Know The Home Automation Company That Got Acquired In Billions"},"content":{"rendered":"\n

2018 was a big year for mergers, acquisitions, and IPOs in home electronics, including IoT, smart home, lighting, and security. With the most notable M&A event of the year being Amazon’s acquisition of safety and home automation provider Ring for nearly $1 billion. The home automation sector has achieved unprecedented heights. <\/em><\/p>\n\n\n\n

The Ring acquisition gives Amazon<\/a> a highly popular brand of video doorbells and related surveillance products, a professionally monitored DIY security system (Ring Alarm), and perhaps most importantly, a massive network of highly connected communities via the Ring Neighbourhood app. The acquisition would also expand Amazon’s product portfolio and help it capitalize on the rising demand for home security products.<\/p>\n\n\n\n

Founded in 2012, Ring (based in US), provides comprehensive integrated automation solutions<\/a> from hardwired smart doorbells to battery-powered doorbells designed to replace your door’s peephole. Ring also offers stand-alone security cameras such as the Stick-Up Cam<\/a> Wired, devices for lighting and other accessories. It has established itself in the smart home automation sector with its variety of home security devices.<\/p>\n\n\n\n

Also Read:<\/strong> Top Litigated Patents and Litigious Companies in Home Automation<\/a><\/p>\n\n\n\n

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