Google didn’t highlight any specifics, but the company did point to its Nest devices, stating that they intend to combine their devices, services and technology with ADT’s network of professional technicians, who will be able to sell and install devices like the Nest Hub Max and Nest Cam IQ Indoor.
Google also announced that in addition to a product partnership, the company is making a $450 million investment in ADT in exchange shares of a newly created Class B common stock.
Google just announced a new partnership with security company ADT, and it looks like that could mean new smart home security products.
Google just announced a partnership with ADT that includes not only new security services, but a 6. 6% equity investment in ADT.
Google partners with ADT for new smart home security products https://t.co/OSEnZ6W6VA— CNET News (@CNETNews) August 3, 2020
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