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Google Bringing Cash, Nest to ADT

2020-08-04 13:00:00| TechNewsWorld

Google's Nest line of smart home products will be combined with ADT's security services in a partnership announced Monday by the two companies. As part of the agreement, Google will invest US$450 million into ADT to acquire a 6.6 percent interest in the security and smart home solutions provider. The deal gives Google access to an important channel for its smart home products.

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Google unveils affordable Pixel 4a smartphone, plans 5G models for autumn

2020-08-04 08:46:00| Telecompaper Headlines

(Telecompaper) Google has launched its new Pixel 4a smartphone, available initially in the US for USD 349. It will launch in more countries soon, and a 5G version is planned for this autumn.

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Google inks smart home cooperation deal with ADT

2020-08-03 14:06:00| Telecompaper Headlines

(Telecompaper) Google has announced a multi-year smart home cooperation deal with ADT, the provider of security and alarm systems, under which it will buy a 6.6 percent stake in the company for USD 450 million. As part of the agreement, ADT's 20,000 technicians will sell and install Google devices like Nest Cameras and Nest Hub Max, powered by Google Assistant. Nest devices, powered by Google's machine learning capabilities, will also enhance ADT's security monitoring and become the cornerstone of ADT's smart home offering.

Tags: home google deal smart

Google reports lower revenues, first even profit decline in Q2

2020-07-31 09:19:00| Telecompaper Headlines

(Telecompaper) Google's parent Alphabet reported lower revenues and its first ever revenue fall during the second quarter, even as the company's ad business started to recover amid the coronavirus pandemic.

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