Google buys $450M stake in ADT to give Nest a new perch

#Google buys $450M stake in #ADT to give #Nest a new perch | #Verdafero #Security | SAN RAMON, Calif. (AP) — Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT Inc., a deal that will open new opportunities for one of the internet’s most powerful companies to extend the reach of its Nest cameras and voice-activated voice assistant.

As part of the partnership announced Monday, ADT will use Nest’s internet-connected cameras, as well as another device called the Nest Home Hub that comes with an internet-connected camera, as part of its customers’ security systems.

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