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Tag: Rishi Chandra


Residential

ADT and Google partner with plans to dominate smart home

August 4, 2020Paul Ragusa, Editor

BOCA RATON, Fla.—ADT and Google announced a long-term partnership with the goal of creating an end-to-end smart home solution that combines Google’s technology platform with ADT’s installation, service and professional monitoring network.Google will make a $450 million investment in ADT, which equates to 6.6 percent of ADT’s outstanding aggregate common equity, in exchange for shares of a newly created Class B common stock having all of the rights and preferences of ADT's common stock...

ADT, Google, Jim Boyce, Rishi Chandra, Security, smart home


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