ADT's acquisition of Origin AI brings presence-sensing technology under the home security company's umbrella.
“This five-year commercial agreement reflects the value and global scalability of our AI sensing platform,” said Omar Khan, Executive Vice President and Chief Business Officer of ADT.   “Partnering ...
In an industry-shaking move, ADT announced Tuesday it would shed its commercial security, fire and life safety unit to a private equity firm for $1.6 billion, as the company plans to focus on ...
“Joining ADT allows our AI platform to scale across millions of homes, combining enhanced situational awareness with unmatched monitoring expertise. Together, we will move the industry to continuous, ...
The company will use Origin Wireless’ AI sensing to expand the capabilities of its smart home security products.
BOCA RATON, Fla. – ADT is reporting a significant improvement to its balance sheet in its third fiscal quarter, thanks to the divestiture of its former commercial division, as well as strong retention ...
BOCA RATON, Fla.—On the heels of reporting its Q2 financial results, ADT made a huge announcement this morning, entering into a definitive agreement to sell its commercial security, fire and life ...
ADT today announced it will be exiting its residential solar business. The company will remain focused on cash flow generation and capital-efficient growth within its core security and smart home ...