Automakers

Ford, ADT investing $105M over 3 years to form joint venture for vehicle security systems

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Ford (NYSE: F) and ADT Inc. (NYSE: ADT) will invest in a new joint venture called Canopy that combines ADT’s professional security monitoring and Ford’s AI-driven video camera technology to help customers strengthen security of new and existing vehicles across automotive brands.
January 18, 2022 07:25 PM

Ford Motor Co. and security company ADT are investing about $105 million combined over the next three years in a new joint venture, called Canopy, that will offer camera-based surveillance systems for both commercial and retail vehicle customers.

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