Technology

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)

Photo of Grace Will Grace Will September 7, 2022
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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 …



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