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Smart Home Acquisitions

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Oct 29, 2026, 7:56 PMMergers and Acquisitions

OpenAI-Backed Thrive Holdings Buys ADT in $15.3 Billion Deal

OpenAI-backed Thrive Holdings buys ADT for $10 a share, valuing its equity at $7.6 billion and the AI-focused security deal at $15.3 billion overall.