Shares of ADT (NYSE: ADT) leaped 16% on Tuesday after the home security solutions provider partnered with State Farm and deepened its relationship with Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google. ADT and State Farm want to reduce the risks of homeownership. To do so, State Farm will provide up to $300 million in funding to accelerate the development of ADT's advanced security and smart-home technologies. Read More...
Shares of ADT (NYSE: ADT) leaped 16% on Tuesday after the home security solutions provider partnered with State Farm and deepened its relationship with Alphabet’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google. ADT and State Farm want to reduce the risks of homeownership. To do so, State Farm will provide up to $300 million in funding to accelerate the development of ADT’s advanced security and smart-home technologies.
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