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Amazon reportedly paid $90M for security camera company Blink

Amazon bought the company at the end of 2017, and has big plans for its exclusive chips, says Reuters.

Katie Collins Senior European Correspondent
Katie a UK-based news reporter and features writer. Officially, she is CNET's European correspondent, covering tech policy and Big Tech in the EU and UK. Unofficially, she serves as CNET's Taylor Swift correspondent. You can also find her writing about tech for good, ethics and human rights, the climate crisis, robots, travel and digital culture. She was once described a "living synth" by London's Evening Standard for having a microchip injected into her hand.
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Meet the Blink Video Doorbell, now owned by Amazon.

 Blink

At the end of 2017, Amazon bought security startup Blink, which makes cameras and doorbells.

The acquisition reportedly cost Amazon about $90 million, Reuters said on Monday, citing people familiar with the matter.

The tech giant hopes to do more with the company than simply sell smart home cameras, under its brand, the site reported. Instead, it wants to use the chips exclusive to Blink to lower production costs and lengthen the battery life of other gadgets. This will start with the Amazon Cloud Cam, and eventually extend to its Echo speaker line.

Amazon did not immediately respond to a request for comment.