ADT Inc.

Google Partner To Create Leading Smart Home Security Offering

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ADT and Google Partner To Create Leading Smart Home Security Offering

-Google to invest $450 million to acquire 6.6% ownership in ADT, cementing mutual, long-term commitment to partnership

-Each company to commit $150 million for co-marketing, product development, technology and employee training

-Partnership will provide customers with integrated smart home technology to be offered in both DIY and professionally installed security offerings

-Google’s award-winning Nest hardware combined with ADT’s trusted security, professional installation and monitoring service to create a fully integrated set of devices, software and services for the secure smart home.

-ADT expects to offer certain Google devices to its customers beginning this year and to expand the integration in 2021.

finance.yahoo.com/news/adt-google-partner-create-leading-100000534.html?guce_referrer=aHR0cHM6Ly9maW52aXouY29tL3F1b3RlLmFzaHg_dD1BRFQmdHk9YyZwPWQmYj0x&guce_referrer_sig=AQAAABZpcGbz5NXjUsNnlNHMm4kcTD_n68q2URidD6fONVSjV9iNi-ks2jiL6J8veVf9Gz8LMLhMueX_Lhb1tQ4nRBJqmc2lko_TqY1312pCi0vc8J3iUbNlEDrdJ4ZMebFuXVwxqPlQkII9OzzmwHdX76Tc_r6cOb3tguUVsehRe85f&_guc_consent_skip=1596486039

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