// AI news · 2026-10-30 · TechCrunch
Thrive Holdings Acquires ADT with OpenAI Backing
Thrive Holdings, backed by OpenAI, acquired ADT for $10 per share, valuing the deal at $15.3 billion.
Published 2026-10-30 03:56 (Beijing time)Source TechCrunchAuto-summarised, fact-checked against source
01Summary
ADT will form the foundation of Thrive's smart home security business. OpenAI provides AI models and deployed engineers to Thrive's portfolio companies. No specific AI-powered products were announced, though new offerings are planned.
Summarised from the original article by an open-source model, then checked automatically: every number and English name must appear in the source. The original article is authoritative.
02Key points
- Thrive Holdings acquires ADT for $10 per share, total enterprise value $15.3B.
- ADT will serve as the foundation of Thrive’s smart home security business.
- OpenAI provides AI models and deployed engineers to Thrive’s portfolio.
- No specific AI-powered products were disclosed, though new ones are planned.
03Source
OpenAI-backed Thrive Holdings acquires ADT
TechCrunch · published 2026-10-30 03:56 Beijing time
Also reported by 1 other outlet
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