Google Investing $450m in ADT to Boost the IoT Security Devices Capabilities

Google has recently announced a $450 million investment in the popular security firm ADT to increase the adoption of IoT security devices. ADT is one of the recognized security brands globally. As part of the investment, Google’s Nest smart home devices – including cameras and displays – will be installed and sold by ADT.

The partnership between both companies is expected to begin this year. Homes and small
businesses will remain the main targets for security solutions. Following the investment, Google plans to hold a 6.6% stake in ADT and expects Nest devices to be proclaimed as a “cornerstone” of the security firm’s offerings.

Google envisions its Nest devices assisting ADT to improve event detection, false alarms, and ensure customers receive required updates and notifications about what’s happening at their properties.

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