ADT secures $1.5 billion investment from State Farm, Google -WSJ

Home security company ADT Inc has secured more than $1.5 billion in investments from State Farm and Alphabet Inc's Google, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Shares of ADT jumped nearly 18 per cent in premarket trading.

ADT, Alphabet and State Farm did not immediately respond to Reuters' requests for comment.