Amazon reportedly paid around $90 million for security camera maker Blink

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Amazon acquired Blink late last year, a maker of inexpensive, simple to make use of security cameras powered by AA batteries. The acquisition was reportedly price around $90 million to Amazon, in accordance with a new report from Reuters, although the phrases of the deal weren’t disclosed by Amazon and it hasn’t supplied any remark on the specifics.

The Blink acquisition is one thing that might assist Amazon additional develop its related house strategy, which incorporates its Cloud Cam and its Amazon Key program for permitting deliveries inside their houses whereas they’re away. It’s not but clear how the 2 product traces will combine, nonetheless.

Blink’s cameras are nonetheless out there on Amazon, and the corporate was planning a video doorbell for launch in 2018, equally powered by customary batteries.

Source : TechCrunch