OpenAI-backed Thrive agrees to buy ADT in a $15.3 billion transaction
The definitive agreement values ADT's equity at $7.6 billion; closing is expected in Q1 2027, subject to shareholder and US antitrust approvals.
ThereforeADT would anchor Thrive's smart-home security business, extending the holding company's AI-focused investment strategy.
ADT — acquisition agreement · TechCrunch — OpenAI's Thrive relationship