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I need a TL;DR.
by account-5 4y ago
I need a TL;DR.
- krallja 4y agoThe 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
- _ea1k 4y agotldr; 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 4y ago>We will add your biological and technological distinctiveness to our own. Your culture will adapt to service us. Resistance is futile.