[HN Gopher] Amazon memo: Here's why we should acquire Ring (2017)
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       Amazon memo: Here's why we should acquire Ring (2017)
        
       Author : panabee
       Score  : 65 points
       Date   : 2022-07-19 21:16 UTC (1 hours ago)
        
 (HTM) web link (twitter.com)
 (TXT) w3m dump (twitter.com)
        
       | mherdeg wrote:
       | I'm still amazed by how separate my Ring and Blink products are.
       | The Blink app has an Amazon logo and a dormant Neighbors tag and
       | that's .. that's it for integration?
        
       | gnicholas wrote:
       | > _We have been impressed with the Blink team 's technical
       | expertise and believe they are missionary about solving camera
       | problems._
       | 
       | What does "missionary" mean in this context?
        
         | mturmon wrote:
         | I assume "acting as if driven by a mission to do fundamental
         | work in solving camera problems" -- as opposed to just looking
         | for a quick product opportunity.
        
         | tleilaxu wrote:
         | Dedicated. Like a missionary must be to do the things they do.
        
       | account-5 wrote:
       | I need a TL;DR.
        
         | krallja wrote:
         | The first image actually provides a very good TL;DR. Here it
         | is, OCR'd by my phone:
         | 
         | > We will need a full suite of camera products as well as more
         | traditional security products to succeed in the home protection
         | market segment. Given our current position and desire to get a
         | complete solution in a short amount of time, we believe that
         | M&A is the best option to accelerate our progress. No single
         | company would put us in a leadership position in the all of the
         | areas where we are behind and need to accelerate. However, Ring
         | and Blink each provide an opportunity to expand our offering
         | and increase the likelihood of succeeding in cameras and home
         | protection. We think that both have merit and are worth
         | pursuing independently
        
         | jsight wrote:
         | tldr; they have cameras, we want cameras, we should buy them
         | 
         | 1. Amazon would like to compete in home security, cameras, and
         | doorbell cameras.
         | 
         | 2. Amazon could build these themselves, but it'd be time
         | consuming and costly.
         | 
         | 3. Amazon would like to act fast.
         | 
         | 4. Ring and Blink have wireless cameras and doorbells and they
         | believe this is where the market is headed.
         | 
         | That's about it, tbh. There's some stuff in there about how
         | commoditized the hardware is and some fairly obvious details
         | about the Ring and Blink business themselves, but its all
         | fairly self-evident.
        
         | qbrass wrote:
         | >We will add your biological and technological distinctiveness
         | to our own. Your culture will adapt to service us. Resistance
         | is futile.
        
       | vorpalhex wrote:
       | This is sort of oddly reassuring that they invested just because
       | they think home protection is a good market and not because they
       | value the generated data.
        
         | dylan604 wrote:
         | No, that was just bonus
        
       | dgrin91 wrote:
       | https://nitter.net/i/status/1549489359459454976
        
       | paxys wrote:
       | Seems...not really worth talking about. This is as normal as
       | corporate emails get.
        
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       (page generated 2022-07-19 23:00 UTC)