Amazon Set To Acquire Home IoT Startup Blink

Amazon Set To Acquire Home IoT Startup Blink

It should come as no surprise to when you hear that Amazon has bought out a startup, Blink, that focuses on smart cameras and doorbells.

Blink announced on its website Friday it was being acquired by the Seattle e-commerce giant. Notably, Amazon appears to have cut off SmartThings support with its acquisition of Blink. As of writing, Amazon hasn't issued a press release on the matter.

Terms of the transaction were not disclosed.

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Conservative MP Anna Soubry, a Remain supporter, tweeted: "Stand by for street parties as blue passports return". There will be a £490m contract to produce the blue and gold passports from October 2019.

Blink, which launched in early 2016, advertises its products as "ultra-affordable, truly wire-free" home security cameras. "If you own one of our systems, nothing changes for now", Blink said in a statement. Blink's system, though, works with batteries you could pick up at a local corner store. -- Blink now makes an indoor camera and outdoor camera.

Amazon confirmed the acquisition in an email to The Verge, saying, "As one of [Blink's] distributors, we already know customers love their home security cameras and monitoring systems". This week, it introduced its third product, a connected doorbell with a built in camera, which also operates off of batteries. It's Day 1 for us at Amazon, and we're looking forward to seeing what we can deliver to our customers together. Amazon recently announced their own delivery service, Key, that'll allow those delivering the package to walk inside your house to drop it off, instead of the inconvenience of having them have to return for a signature if nobody is home.

The move could help Amazon compete in the fast-growing home security camera market and against similar devices made by Nest, a subsidiary of Google parent company Alphabet.

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