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Stock impact report

Amazon agrees to buy Ring, maker of video doorbells [USA TODAY]

Alarm.com Holdings, Inc. (ALRM) 
Last alarm.com holdings, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.alarm.com/investor-relations
Company Research Source: USA TODAY
CLOSE Jamie Siminoff came to CES in 2011 and bet $2,000 that a card table at the Consumer Electronics Show could make or break his company. 90,000 dealers later, he tells Jefferson Graham that it was the best business decision ever. Ring is expanding its lineup to cover all your home security needs. (Photo: Ring) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE SAN FRANCISCO — Amazon is acquiring video doorbell-maker Ring in a move that further solidifies its presence in the home technology and delivery market. Ring, based in Santa Monica, Calif., is one of the more popular video doorbell companies, launching the genre in 2011. The deal comes as Amazon tries to make its Alexa voice assistant a hub for the connected home and reduce problems with its delivery operations, including package theft. The price was not disclosed. Ring's Wi-Fi-enabled doorbells use motion detectors to know when someone approaches a door, then sends video an Show less Read more
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