Amazon Acquires Security Camera and Video Doorbell Maker Blink

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Now, the book-seller-turned-retail-giant is acquiring home security camera startup, Blink. The Blink system starts at $99 a year, the same price as an Amazon Prime account. Blink was set up by Immedia, which develops chips for image processing and video compression, along with more affordable noise reduction. "We'll continue to operate under the Amazon umbrella selling and supporting the same great products you know and love", read the Blink website Friday. "We're excited to welcome their team and invent together on behalf of customers".

Terms of the transaction were not disclosed.

Amazon shares are down 0.3%. It's doing this with Alexa, its voice-enabled personal assistant; Amazon Go, a largely automated convenience store; and Amazon Lockers, which the company is installing in apartment buildings and stores to help people receive and return purchases.

Three escape Christmas Eve house fire in Northwest Knox
Officials say the fire was accidental due to an electrical problem. "The second floor is still intact but smoked up". Two people, two dogs, and two cats were able to safely get out of the home when the fire started.

Amazon has reportedly been in talks with Phrame, a maker of smart license plates, that would let it leave packages inside a auto trunk. Notably, Amazon appears to have cut off SmartThings support with its acquisition of Blink. The company's plan is to also release a full home security system at some point in the near future. Preliminary reviews are mixed.

The deal for Blink comes a few weeks after Amazon Web Services revealed DeepLens, a wireless video camera integrated with deep learning hardware and tools. 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.

Amazon keeps growing its smart home arsenal.