Amazon Acquires Blink, a Connected Camera Maker

Adjust Comment Print

We're excited to announce that Blink has been acquired by Amazon!

Based in Andover, Mass., Blink was launched after a crowdfunding campaign raised more than $1 million for its wireless home monitoring system in 2014.

Only months after rolling out its new Amazon Key delivery service involving automatic locks and security cameras, Amazon has acquired the startup Blink, which specializes in much the same products. Financial terms of the acquisition were not disclosed, and Amazon did not reply to an AFP inquiry.

President Donald Trump Commutes Sentence of Shlomo Rubashkin
In 2008, the plant was raided by federal officials, resulting in the arrest of 389 illegal immigrants from Mexico and Guatemala. Rubashkin's case and the severity of his sentence. "The outrage is backwards", he said.

The security Camera's of Blink was first introduced back in 2016, and is well known for their ease of set-up and no requirement of a plug because they can well operate on batteries.

Amazon told CNBC, "As one of their distributors, we already know customers love their home security cameras and monitoring systems". The video door-bell that costs $99 also comes in battery powered. It also launched a new Amazon Key service for people in some United States cities to allow a door to be unlocked when they're not home so packages can be left inside. Blink had raised almost $30 million in funding, most recently $3 million in convertible debt this past February, according to VC-research firm PitchBook. The move could help Amazon compete in the fast-growing home security camera market. The company's informational video, for example, shows a man smiling in a coffee shop as he watches his Amazon package being delivered at home, and a man grinning as he pulls out his phone to watch two small children (presumably his) playing with blocks on a carpet. Blink could keep selling products under its own name, or we could see its tech migrated into Amazon-branded hardware.

Comments