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In February 2016, Apollo Global Management acquired ADT for nearly $7 billion and merged it with another home security firm, Protection 1. [19] The purchase price represented a premium of approximately 56 percent over ADT's closing share price on February 12, 2016, and when combined with Protection 1, represented an aggregate transaction value ...
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Some forecasts project the home security market as a whole will be worth $47 billion by 2020, [12] with the DIY home security market worth $1.5 billion. [13] While the market for home security is expanding, especially with cable TV and Internet service providers introducing their own security and home automation products, it is a fragmented ...
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