NEW YORK -- Amazon is expanding its home-security business by buying Ring, which makes Wi-Fi-connected cameras and doorbells.
The deal comes months after the online retailer started selling its own Wi-Fi-connected indoor security cameras, which work with its voice-assistant Alexa. The Ring acquisition helps Amazon better compete with Google's Nest, which also makes cameras.
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Ring's doorbells and cameras capture video that can be streamed on smartphones and other devices.
Seattle-based Amazon.com Inc. declined to say how much it was paying for Ring or when the deal will close.
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