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

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