ADT acquires Origin AI for $170M cash; inks $30M+ Verisure agreement

ADT Inc.

Acquired Origin AI (Wi-Fi sensing) for $170M cash, subject to purchase price adjustments.
Origin holds >200 global patents; ADT expects to commercialize by 2027.
Five-year commercial agreement with Verisure (VSURE) valued at $30M minimum for dev services plus per-household fees.
Verisure gets defined exclusivity in professionally monitored security in Europe and Latin America.
ADT will provide more details on the acquisition and strategy on its March 2 earnings call.

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