EventBusinessOctober 29, 2026

OpenAI-backed Thrive Holdings acquires ADT in $15.3B deal

Read original source →techcrunch.com

Thrive Holdings is paying $10 per share, about $7.6B in equity, for an enterprise value of $15.3B. OpenAI supplies models and forward-deployed engineers to Thrive's 75+ companies; ADT will anchor its smart home security business.

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