Google to buy stake in home security company ADT for $450m

Google to buy stake in home security company ADT for $450m

Google, New York, United States. Photo: Arthur Osipyan/unsplash

Alphabet Inc’s Google is picking up a 6.6% stake in ADT Inc for $450 million, betting on the home security company’s strong customer base and an army of technicians to drive sales of its Nest devices.