ADT’s Acquisition of Origin

On February 24, 2026, ADT, a leading provider of security, interactive and smart home solutions serving residential and small business customers in the U.S., announced it has acquired Origin Wireless, Inc. (“Origin”), bringing Origin’s AI sensing platform and related intellectual property into the ADT ecosystem. The purchase price for the transaction was $170 million in cash, subject to customary purchase price adjustments. Cravath is representing ADT in connection with the transaction.

The Cravath team is led by partners Robert I. Townsend III, Michael E. Mariani and Jin‑Kyu Baek and includes associates Josh Santilli, Evan S. Gabor, Laureano Genin and Ryan W. Herrmann on M&A matters; partners George E. Zobitz and Christopher J. Kelly and associate Daphne Fong on banking matters; partner J. Leonard Teti II and associate Josh Banafsheha on tax matters; partner Matthew J. Bobby, of counsel Sarah W. Colangelo and associates Anna Mikaelyan, Keanna N. Joseph and Matthew S. Johnson on executive compensation and benefits matters; partner Sasha Rosenthal‑Larrea, of counsel Kathryn‑Ann Stamm and associate Pierre Schlaefli on intellectual property matters; partner Noah Joshua Phillips and foreign associate attorney Julien Chevy on antitrust matters; partner Kimberley S. Drexler on corporate governance matters; of counsel Joyce Law and practice area attorney Lauren Piechocki on real estate matters; and of counsel Annmarie M. Terraciano on environmental matters. Seung Hyung (Michael) Lee also worked on M&A matters and Jack Weinert worked on intellectual property matters.