State Farm will invest $1.2B in ADT for a ~15% stake, and $300M more for product innovation; Google invests $150M toward new products, pledges $150M more (Miriam Gottfried/Wall Street Journal)

Miriam Gottfried / Wall Street Journal: State Farm will invest $1.2B in ADT for a ~15% stake, and $300M more for product innovation; Google invests $150M toward new products, pledges $150M more  —  Insurer to buy 15% of ADT and make product investment of up to $300 million  —  ADT Inc. ADT 16.37%▲ has secured investments …

Sep 7, 2022 - 06:55
182156
State Farm will invest $1.2B in ADT for a ~15% stake, and $300M more for product innovation; Google invests $150M toward new products, pledges $150M more (Miriam Gottfried/Wall Street Journal)

Miriam Gottfried / Wall Street Journal:
State Farm will invest $1.2B in ADT for a ~15% stake, and $300M more for product innovation; Google invests $150M toward new products, pledges $150M more  —  Insurer to buy 15% of ADT and make product investment of up to $300 million  —  ADT Inc. ADT 16.37%▲ has secured investments …

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.