Amazon Quietly Acquires Camera And Chip-Maker Blink

Source: Business Insider, Monday, Feb 12, 2018

Amazon has acquired the maker of Blink home security cameras in a secret deal last year. The retailer paid approximately USD90 million, due to its interest in the startup’s energy-efficient chips. The technology, exclusive to Blink, would lower production costs and extend the battery life of other tech, starting with Cloud Cam and later on potentially including Echo devices.