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Tag: Vivint


Monitoring Matters

Trick or treatise

November 1, 2023Ken Showers, Managing Editor

As promised, I’m going to talk up a particular subject for this week’s Monitoring Matters, and we’re going to discuss lawsuits! While I write this the witching hour has come to pass and Halloween has run its course for the year, although probably not all the sugar in some of your bloodstreams (shame on you, that was your child’s candy). October went out with a bang however, with a couple of really big announcements for the security industry over the course of the month....

chief information security officer (CISO), lawsuit, NRG Energy, SkyBell Technologies, SolarWinds, Timothy G. Brown, U.S. Securities and Exchange Commission (SEC), Vivint


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Vivint ordered to pay $45 million to SkyBell Technologies

Residential

Vivint ordered to pay $45 million to SkyBell Technologies

October 27, 2023SSN Staff

IRVINE, Calif. – SkyBell Technologies, a video doorbell and smart home security solutions provider, has announced a successful outcome in its recent patent infringement lawsuit against Vivint. According to a release from the company, on Monday, Oct. 23, 2023, a federal jury in the Sherman Division of the Eastern District of Texas rendered its verdict, determining that Vivint Inc. willfully infringed upon two of SkyBell's patents, leading to a damage award of $45.4 million in favor of...

CPI Security, Desiree Mejia, Giovanni Tomaselli, SkyBell Technologies, smart home, video doorbell, Vivint


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Also Noted

Fourth Maryland ECC goes live with TMA’s Automated Secure Alarm Protocol

August 3, 2023SSN Staff

MCLEAN, Va.—The Monitoring Association (TMA) has announced that the Queen Anne’s County, Md., Emergency Services is the 131st Emergency Communications Center (ECC) in the United States to implement TMA’s Automated Secure Alarm Protocol (ASAP).  Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm monitoring centers to Emergency Communication Centers. ...

ADT, Affiliated Monitoring, Automated Secure Alarm Protocol (ASAP), Brinks Home, CPI, Emergency Communications Center (ECC), Guardian Protection, Johnson Controls (JCI), National Monitoring Center (NMC), Protection One, Queen Anne’s County, Md., Emergency Services, Rapid Response Monitoring, Securitas, Securitas (Stanley Div.), Security Central, The Monitoring Association (TMA), United Central Control (UCC), Vector Security, Vivint


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Omar Taveras

Emerging Leaders Under 40

40 under 40: Omar Taveras, CEO, Brodserv

July 12, 2023Cory Harris, Editor

YARMOUTH, Maine—Omar Taveras, 40, is the CEO of Brodserv, a nationwide installation and services provider that connects companies with installers and streamlines searching, scheduling, payments, and more, based out of Lehi, Utah. Find out what inspired him to pursue a career in the security industry, what being a "40 under 40" winner means to him, what appeals to him about the security industry, and more.  SSN: Describe your roles, duties, and tenure at your current job.  TAVERAS:...

2022, 40 under 40, Brodserv, Fluent Home, Omar Taveras, Vivint


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Monitoring Matters

N too deep

June 21, 2023Ken Showers, Managing Editor

I’m not surprised we’re back here talking about Vivint again, if anything I think I’m feeling a bit justified with my earlier assessment of the situation, at least where optics are concerned. I talked about it a bit in a previous blog post. To say I was uncharitable would gild the lily, so I'll just say I was honest about my views of the potential sale. Truthfully, I thought the deal wasn’t going to happen at all considering the various lawsuits and implied liability...

Elliott Management, investor day, NRG Energy, Vivint


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Vivint expands into smart lighting as parent company NRG squares off against activist investor

Residential

Vivint expands into smart lighting as NRG squares off against activist investor

June 19, 2023SSN Staff

HOUSTON – Smart home company Vivint has branched out into a new residential product category this month as its parent company faces opposition from investors. Vivint Smart Lighting is a solution the company said is designed to make homes, "Safer, smarter, and more sustainable.” The company said the products allow users to place switches anywhere without requiring electrical work while expanding the smart capability of a home.  It marks one of the first major announcements...

Elliott Management, NRG Energy, Residential, smart home, Vivint


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Monitoring Matters

Earnestly Speaking

April 26, 2023Ken Showers, Managing Editor

The day of this blog marks the start of several weeks’ worth of Q1 quarterly earnings calls, and it’s my greatest hope that someone will have something exciting to say. Make no mistake, from what I’ve seen of the industry these past few months it sounds like business is booming and a lot of companies are going to post some impressive first quarter numbers, but that’s boring. “Everybody made money” is a good story, but its not a very interesting story. So...

Assa Abloy, Earnings Call, First Quarter (Q1), NRG Energy, United States Department of Justice (DOJ), Vivint


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Alert 360 acquires Caliber Security accounts

Residential

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...

ACS Security, Alert 360, Anastasia Bottos, Caliber Security, David Corio, Jackie Schmidt, Jason Graham, Jason Grelle, Mergers & Acquisitions, NRG Energy Inc., Richard Ginsburg, security alarm, Security Services, security system, Vivint


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Monitoring Matters

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...

ADT, Alert 360, CPI Security Systems, Federal Trade Commission, lawsuit, NRG Energy Inc., Vivint


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Alarm.com releases Q4, full year 2022 results

Residential

Alarm.com releases Q4, full-year 2022 results

February 24, 2023Ken Showers, Managing Editor

TYSONS, VA – Alarm.com has released its fourth fiscal quarter 2022/full-year results, and the outlook is positive for the residential security provider. On Feb. 23 the company held its conference call and webcast discussing its earnings as the company looks to 2023. At a glance, the company’s fourth quarter Software-as-a-Service (SaaS) and license revenue increased 10.5 percent year-over-year to $134.6 million, and total revenue increased 6.6 percent year-over-year...

alarm.com, Building 36, CPI Security, Emergency Response, Energy Hub, Fourth Quarter (Q4), Internet of Things (IoT), Noonlight, PointCentral, Residential Security, Shooter Detection Systems (SDS), Software-as-a-Service (SaaS), Stephen Trundle, Vivint


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