Amazon acquires Blink, a home automation startup that builds connected homes

Lynne Hanson
December 26, 2017

Back in 2014, a young startup by the name of Blink hit the scene with a smart home security camera that promised to be affordable, truly wireless, and filled with the most important features. One camera unit sells for $99 on Amazon.

The company has not revealed any financial information related to this transaction.

For Blink customers, changes doesn't seem to be coming immediately.

On Thursday, Blink said that it would continue operating as a part of Amazon and will be selling the same products that it already does. It's Day 1 for us at Amazon, and we're looking forward to seeing what we can deliver to our customers together.

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Amazon shares are down 0.3%.

The technology behind Blink's innovations isn't anything groundbreaking, but the company's acquisition by Amazon shows that there's more than meets the eye. Blink's technology is a natural fit for these ambitions. It has also reportedly worked on a smart doorbell that would give delivery drivers one-time access to a customer's home, which would theoretically reduce lost and stolen packages. Notably, Amazon appears to have cut off SmartThings support with its acquisition of Blink. Preliminary reviews are mixed. -- Blink now makes an indoor camera and outdoor camera.

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.

Assumedly, Amazon will use Blink's cameras in conjunction with its Key service for Amazon Prime members, which allows deliveries within people's homes when they aren't there.

Other reports by TheDailyFarc

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