Tag: NRG Energy Inc.
Alert 360 acquires Caliber Security accounts
April 24, 2023SSN Staff
TULSA, Okla. – Home security system and services provider Alert 360 announced its acquisition of Caliber Security’s home security alarm accounts.
With the addition of these accounts, Alert 360 now serves over 20,000 accounts in Southern California, with branch operations in San Diego, Los Angeles, Anaheim, Fresno, and Sacramento among others. This year also marks the 50th anniversary for the company, which celebrated the milestone back in February.
"We are excited...
Veni, Vidi, Vivint
March 8, 2023Ken Showers, Managing Editor
I came, I saw, I stole their customers. Vivint has been having a rough time of it lately with multiple lawsuits hanging above its head, one of which already resolved decidedly not in their favor.
It might be important to examine the root cause of this problem which is that it looks like Vivint doesn’t like to share. Most of these lawsuits specifically would term it deceptive business practices. At the end of the day Vivint saw some customers that weren’t theirs and decided to change...
Vivint named “Home Security Company of the Year” at IoT Breakthrough Awards
January 30, 2023SSN Staff
PROVO, Utah – Vivint Smart Home Inc. has been riding high after a boost to its stock performance in the past month following the announcement of its acquisition by NRG Energy Inc. Now it adds another feather in its cap thanks to IoT Breakthrough.
Vivint has been named the “Home Security Company of the Year” in the Seventh Annual IoT Breakthrough Awards Program. IoT Breakthrough is an organization that recognizes top technologies, companies, and products related to the...
NRG Energy Inc. to acquire Vivint Smart Home Inc.
December 6, 2022SSN Staff
HOUSTON & PROVO, Utah – NRG Energy Inc. has entered into an agreement to acquire Vivint Smart Home Inc. for $12 per share, or $2.8 billion in cash.
NRG says the acquisition positions them as the leading essential home services provider and accelerates their growth plan. “Last year at our Investor Day, we presented our strategic roadmap to becoming the leading provider of essential services for homes and businesses, informed by consumer trends and underpinned by disciplined...