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.
Utah-based startup offering DIY home security, entered the marketplace recently with the goal of revolutionizing the security industry with do-it-yourself installation, home monitoring for as little as $15 a month and no contracts.