Tag: Ring

BOCA RATON, Fla.—ADT has settled a lawsuit against Ring LLC, an Amazon company and provider of smart home security devices. As per the settlement, Ring will release a new version of its Outdoor Siren product and will discontinue the marketing and sale of the current design. “ADT and Ring are pleased to have reached a mutually agreeable resolution,” said David Smail, Executive Vice President and Chief Legal Officer at ADT. “Ring will release a new version of the Outdoor...

CHARLOTTE, N.C.—SnapAV, a manufacturer and exclusive source of A/V, security, control, networking and remote management products for professional integrators, announced it now carries core Ring products, including the pro-focused “X Line,” on SnapAV.com and in SnapAV Local Pro Stores for U.S.-based SnapAV partners. The addition of the Ring X Line highlights the distributor’s focus on providing the best, most in-demand products from both in-house SnapAV brands...

SEATTLE—Ring announced that it is teaming up with Lennar, one of the nation’s leading homebuilders, to change the homebuying experience by including some of the most desirable connected home features as a standard. In Lennar Communities Connected by Ring, all homes have been designed with pre-installed smart home devices, which can be monitored and controlled anytime from anywhere via the Ring App, to help make homeowners’ lives easier from the day they move in. “At...

SEATTLE—Amazon has agreed to buy video doorbell maker Ring, the companies announced on Tuesday, a move that makes sense for both Amazon and Ring on many levels. The deal, which Reuters was reporting at more than $1 billion, is Amazon's second acquisition in the security space in just the last few months, as the company purchased security camera provider Blink for $90 million in December. Amazon is expected to continue—and build on—the Ring brand, as it has with some of its other...

SANTA MONICA, Calif.—Ring announced Ring Protect earlier this week, a comprehensive DIY home security system that works with Ring's doorbells and cams.“At Ring, everything we make is designed to establish and enhance a Ring of Security around homes and neighborhoods,” Jamie Siminoff, chief inventor and founder of Ring, said in the announcement. “Ring Protect provides an incredibly effective level of security when compared to traditional, expensive systems, yet comes at a fraction...

SANTA MONICA, Calif.—A start-up based here that sells a smart doorbell recently received a lot of help—$28 million—from business mogul Richard Branson, founder of the Virgin Group; home builder J.F. Shea Co.; and home insurer American Family Insurance Group. Ring CEO James Siminoff told the Los Angeles Times that he'll use the investment to hire people “with video analysis and data-crunching skills to develop other uses for the videos” from the system. “We're definitely...