ADT acquires technology startup CellBounce

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    ADT has acquired a technology startup that aims to solve “the security industry’s biggest logistical and financial challenges in the next year and a half” with its deal for CellBounce.

    The Boca Raton-based security electronics company (NYSE: ADT) on Thursday announced the close of the acquisition for the Canada-based tech for an undisclosed amount. CellBounce’s device equips ADT with what it calls a money-saving solution to the mandatory 4G cell upgrade after the shutdown of 3G networks by the end of 2022.