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Google Partner To Create Leading Smart Home Security Offering

NYSE:ADT   ADT INC
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.

https://finance.yahoo.com/news/adt-googl...

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