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New Deal


Announced

Completed

ADT completed the acquisition of IOTAS.

Synopsis

ADT, a smart home security company, completed the acquisition of IOTAS, a smart home technology company. Financial terms were not disclosed. “By combining IOTAS’ innovative vision with ADT’s trusted brand and operational know-how, we are poised to become the industry leader in the fast-growing, heavily-fragmented multifamily space,” Sce Pike, IOTAS CEO.

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