Markets News 

Amazon’s purchase of Wi-Fi startup Eero is key to its smart home ambitions

“Our thought bubble: Not only is this a strategic move for Amazon, it’s a good time for Eero to give up trying to go it alone in the increasingly competitive market for networking hardware” reports The bottom line: Whatever Amazon paid (and it’s not saying), it will profit not just by selling Eero’s networking gear but also by providing customers with the reliable networks they need to use other Amazon products and services.

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