Amazon buys itself some camera chip tech, claims report

Amazon has acquired a start-up, Immedia Semiconductor, which is responsible for Blink home security cameras, in what is described as a "secret bet" on energy efficient chips, according to a Reuters report.

Reuters reported the mega etailer has paid $90 million for the technology, which has potential to lower production costs and lengthen gadget battery life.

Amazon declined to comment, noted Reuters.


Topics: Technology, Top 100 Retail

Companies: Amazon

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