ADT Inc. said it, Origin AI and Verisure signed a five-year renewable commercial agreement under which Verisure will continue to license Origin AI’s AI sensing technology following ADT’s acquisition of Origin AI. ADT said the deal expands Verisure’s rights to commercialize the platform across Europe and Latin America, includes defined exclusivity in professionally monitored security in those regions, and provides for ongoing development and data collaboration. ADT said the agreement is valued at $30 million over five years for development services, plus a per-household activation fee.
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