Looking to drive sales of Nest devices, Google invests $450M in security firm ADT

Google LLC is investing $450 million into security company ADT Inc. in return for a 6.6% stake and a deal to drive sales of its Nest devices. ADT is one of the world’s oldest security companies, established in 1874, and is best known today for its electronic security, fire protection and other alarm monitoring services. […]
The post Looking to drive sales of Nest devices, Google invests $450M in security firm ADT appeared first on SiliconANGLE .