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Wireless Environment co-founder David Levine

Wireless Environment co-founder David Levine

It's also worth noting that Amazon purchased home security and video doorbell maker Blink, which is a much smaller company than Ring. Amazon declined to discuss the terms.

Analyst Colin Sebastian stated that as Amazon moves more aggressively into the grocery delivery industry, they believed that smart security devices will be vital in promoting user adoption.

In a statement to GeekWire Amazon said it looks forward to “working toward a vision for safer neighborhoods.” The partnership will definitely put Ring in a position to bring the smart doorbell to many more homes where Amazon delivers to. Adding Ring's facial-recognition service could make it easier and faster to give those visitors access.

What does this mean for Australia?

Despite the Amazon purchase, Ring will likely remain its own independent business, similar to how Amazon has treated previously purchased companies, like Zappos and Twitch, according to CNBC.

The company proved that a demand for video-enabled doorbells existed, to enable users to see outside their homes via smartphone or computer.

Google, Amazon, Apple and Microsoft are all competing in this market but because of the success of Alexa devices and Google Home it's really Amazon vs. Google for the control (right now) of the smart home ecosystem.

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"Ring is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools", a company spokesman said in a statement.

Amazon had a previous relationship with Ring, having invested in the company through its Alexa Fund, which exclusively invests in companies that help scale its Alexa voice technology.

The Key program is backed up by an Amazon connected Cloud Cam that monitors the delivery guy while inside the home to prevent incidents of theft or other untoward incidents.

Being an Amazon product, the new Ring Doorbells will be using Amazon's Alexa voice assistant.

The new Ring Doorbell will be connected with Internet. Only its $13.7 billion deal for Whole Foods past year was worth more.

When we asked him about Amazon's Key service at the end of past year - Amazon's service that lets couriers unlock your front door - he told us. Mr. Schoenfelder speculated that Amazon could seek to make home security part of its Prime membership service, which today includes free and fast delivery of orders and video streaming.

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