OpenAI-backed Thrive Holdings acquires ADT for $7.6 billion, with a total enterprise value of $15.3 billion.

According to TechCrunch, OpenAI-backed investment holding company Thrive Holdings has announced the acquisition of physical security company ADT at a purchase price of $10 per share, representing an equity value of approximately $7.6 billion and a total transaction enterprise value of $15.3 billion.