ADT secures more than $1.5 bln investment from State Farm, Google
Home-security firm ADT Inc has secured an investment of $1.2 billion from State Farm as part of a partnership that it hopes will encourage the insurer’s many customers to buy its smoke detection and anti-intrusion products. The company said on Tuesday State Farm would purchase 133.3 million shares, or a near 15% stake, at $9 […]
ADT secures more than $1.5 bln investment from State Farm, Google
Home-security firm ADT Inc has secured an investment of $1.2 billion from State Farm as part of a partnership that it hopes will encourage the insurer’s many customers to buy its smoke detection and anti-intrusion products. The company said on Tuesday State Farm would purchase 133.3 million shares, or a near 15% stake, at $9 […]