Summary
- ADT has acquired LifeShield for around $25 million.
- LifeShield has developed consumer-centric home security devices and services.
- With the deal for LifeShield, ADT will be able to provide convenient products for consumers outside its professionally-installed systems market.
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Quick Take
ADT (ADT) announced it has acquired LifeShield for about $25 million.
LifeShield provides Do-It-Yourself [DIY] home security systems.
ADT seeks to leverage LifeShield’s technologies to provide ‘plug and protect’ capabilities to the 80% of U.S. homes it believes won’t opt for professionally installed security systems.
