Is Arlo Leaving the Home Security Field to Amazon and Google?
Nearly two years ago, it looked like Arlo Technologies (NYSE: ARLO) was ready to branch out into a promising new direction of total home-security integration, potentially challenging the Ring and Nest systems from Amazon (NASDAQ: AMZN) and Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google, respectively.
The announcement at last year's Consumer Electronics Show promised a late-2019 debut, but it never materialized. And it now appears Arlo is abandoning the project.
Arlo security cameras. Image source: Arlo Technologies.
Source Fool.com
