ADT Inc. 8-K
Research Summary
AI-generated summary
ADT Inc. Announces Acquisition of Origin AI for $170M
What Happened On February 24, 2026, ADT Inc. announced it acquired Origin Wireless, Inc. (d/b/a Origin AI), a privately held company specializing in AI‑enabled Wi‑Fi sensing technology, for $170 million in cash, subject to customary purchase price adjustments. The company also announced a long‑term commercial agreement among The ADT Security Corporation, Origin AI, and Verisure Sàrl under which Verisure will continue to license Origin AI’s proprietary AI sensing technology.
Key Details
- Transaction date announced: February 24, 2026.
- Purchase price: $170 million in cash, subject to customary adjustments.
- Verisure commercial agreement: minimum $30 million in development services over five years, plus a per‑household activation fee aligned with Verisure’s existing agreement with Origin AI.
- Disclosure: Announcements were furnished on Form 8‑K (Regulation FD disclosure); press releases are filed as Exhibits 99.1 and 99.2. Form 8‑K signed by Jeffrey Likosar, ADT CFO.
Why It Matters The acquisition brings Origin AI’s AI‑enabled sensing technology into ADT’s portfolio and includes a multi‑year commercial commitment from an existing partner, Verisure, which provides a guaranteed minimum of development revenue. The filing does not include pro forma financial statements or estimates of the transaction’s impact on ADT’s revenue or earnings; investors should watch for future SEC filings or company updates for financial details and integration plans.