ADT Acquires DIY Home Security Provider LifeShield
ADT Inc., a provider of monitored security and interactive home and business automation solutions in the United States and Canada, today announced that it has acquired LifeShield LLC, a provider of advanced wireless home security systems, in a transaction valued at approximately $25 million. John Owens will continue in his current capacity leading the LifeShield team.
Founded in 2004, LifeShield was the first to bring a wireless DIY home security offering to the residential market. Over the past 15 years, LifeShield has further redefined residential home security, improving interactivity, advancing video capabilities and enhancing the overall user experience.