- Google’s renowned Nest hardware merged with ADT’s security and monitoring service would create a fully integrated set pf devices, software and services for the secure smart home
- The company would also invest $450 million to acquire 6.6% ownership in ADT, cementing mutual, long-term commitment to partnership
- Partnership will provide customers with integrated smart home technology to be offered in both DIY and professionally installed security offerings
According to a report, ADT and Google are looking forward to a long term partnership to create the next generation of smart home security offerings. This partnership would consist of Google’s machine learning technology, with ADT’s installation, service, and professional monitoring network to create a more helpful smart home and integrated experience for customers across the United States.
It has also been reported that Google would be buying a 6.6% stake and would invest around $450 million in a deal that would allow it to provide service to customers of its Nest homes security solutions.
The benefit
The companies would work together to combine certain Nest Products like cameras, doorbells, thermostats, and alarm systems with ADT’s installation service and professional monitoring network. ADT is also expected to provide certain Google devices to its customers beginning this year and to expand the integration in 2021. Each company would also commit $150 million for co-marketing, product development, technology, and employee training
Rishi Chandra, GM and Vice President of Nest shared “We’re excited to partner with ADT to further our mission of building helpful devices for the home. ADT is a leader in smart home security, and I look forward to working with the team to create innovative smart home security solutions that help everyone feel safe and protected.”
Advanced home security
This partnership pairs ADT’s more than 20,000 professionals together with Google’s suite of helpful hardware, manufacturing technology and vertical technology stack.
This would also enable customers to have an advanced, integrated helpful home security solution. As mentioned earlier, the partnership is underpinned by a long term commitment from both companies to making safe, secure, private and differentiated products accessible to new and existing customers.
ADT also claims to offer certain Google devices to its customers beginning this year and to expand the integration in 2021. The complete ADT + Google helpful home security solution will utilise a secure platform for a seamless experience that prioritise privacy and interoperability for greater customer peace of mind and choice.
