Thrive Holdings to acquire ADT in $15.3 billion deal
Thrive Holdings, backed by OpenAI, has agreed to acquire ADT for $15.3 billion. The transaction would place one of the AI companies’ investments at the center of a major home security business, with the parties planning to introduce AI into ADT’s operations.
The announcement does not yet provide details about the specific AI products, deployment timeline, or how the acquisition could affect ADT’s services and customers.