Wyze is an American-based company that sells home security and video products. Wyze was founded in 2013 by two entrepreneurs, Andy Rubin and David Visconti. In January of 2018, it was revealed that Wyze was acquired by Amazon. The acquisition was not publicly disclosed, and the terms of the deal were not disclosed.
Amazon is the world’s largest online retailer, and Wyze is one of its smaller companies. The acquisition is likely to help Amazon expand its presence in the home security and video products markets. Wyze’s products are sold through Amazon’s website and Amazon’s app store. The acquisition is not likely to have a significant impact on Wyze’s operations.
