Home-technology vendors According to State Farm and ADT,

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In ADT, State Farm will provide $1.2 billion in stock.

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As a result, the biggest insurer in the nation now owns a 15% proprietary investment in ADT.

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Paul Smith, the chief operating officer of State Farm, stated to the media that

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Investing signals a shift in perspective.

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To a fund that would support product innovation, State Farm has pledged to invest up to $300 million.

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Google has separately committed to spending an extra $150 million.

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