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Tag: Vivint Smart Home


Residential

Vivint president Alex Dunn to step down

March 5, 2020SSN Staff

PROVOST, Utah—Vivint Smart Home Inc. announced that Alex J. Dunn is stepping down as president of Vivint Smart Home after 14 years at the company. He will remain an advisor to the company through March 2021. Scott R. Hardy, Vivint's chief operating officer, will assume many of his day-to-day responsibilities."I am deeply grateful to Alex for helping Vivint become a leading smart home provider," Todd Pedersen, CEO of Vivint Smart Home, said in the announcement. "We thank him and wish him continued...

Alex Dunn, Todd Pedersen, Vivint Smart Home


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Residential

Vivint Smart Home and Mosaic complete merger

January 23, 2020SSN Staff

PROVO, Utah and NEW YORK—Vivint Smart Home and Mosaic Acquisition Corp. announced the completion of the previously announced transaction between Vivint and Mosaic, which results in Vivint becoming a publicly traded company.The transaction is one of the largest U.S. SPAC mergers ever with an enterprise value of $4.2 billion, including additional equity of $488 million.The combined company will be named Vivint Smart Home and began trading under the ticker symbol VVNT on the New York Stock Exchange...

Alex Dunn, David Maura, Mosaic Acquistion Corp. Todd Pedersen, Vivint Smart Home


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Residential

Vivint Smart Home and Mosaic to merge

September 18, 2019SSN Staff

PROVO, Utah and NEW YORK—Vivint Smart Home and Mosaic Acquisition Corp., a publicly traded special purpose acquisition company, announced they have entered into a definitive agreement to merge Vivint with a subsidiary of Mosaic.Following the merger, Mosaic will be renamed “Vivint Smart Home, Inc.” With an agreed initial enterprise value of $5.6 billion, Vivint is anticipated to have revenues of $1.3 billion for fiscal year 2020E and Adjusted EBITDA of $530 million, implying an Adjusted...

merger, Mosaic Acquistion, Vivint Smart Home


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Residential

Vivint Smart Home introduces zero-down financing for property owners and managers

June 28, 2019SSN Staff

PROVO, Utah—Vivint Smart Home recently introduced zero-down financing to help property owners and managers add smart home technology to their multifamily developments with no upfront cost. This is the first zero-down financing option for a comprehensive multifamily smart home solution, making it easier than ever to add smart home capabilities to both new and existing properties.Vivint offers a comprehensive suite of smart home products designed for rental and multi-family properties. Smart...

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Residential

Vivint brings the smart home to renters

October 10, 2018Paul Ragusa, Editor

PROVO, Utah—Vivint Smart Home is giving multifamily and rental property owners the ability to offer smart home services to their residents through its Smart Properties program that it has been developing over the past year.Harrison Jenkins, senior director, Vivint Smart Home Multifamily Products, told Security Systems News that the lynchpin for the program is Site Manager, a web portal that Vivint created on top of its smart home platform to help property managers easily start offering and...

Chad Bowman, Harrison Jenkins, Todd Wood, Vivint Smart Home


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Vivint Smart Home and Google collaborate

June 27, 2018SSN Staff

PROVO, Utah—Vivint Smart Home announced a collaboration with Google to make every new Vivint smart home voice-enabled using the Google Assistant. Vivint is giving voice control to every new customer by including two Google Home Mini devices with every smart home system, and adding Nest Thermostat E and Google Wifi as options in its smart home suite.The collaboration builds on Vivint's integration with the Google Assistant, which makes it easy to control lighting, locks, thermostats, garage...

Google, Google Home, Jeff Lyman, Nest, Vivint Smart Home


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Vivint unveils smart home assistant at CES

January 11, 2017Paul Ragusa, Editor

PROVO, Utah—Vivint Smart Home, a smart home services provider based here, made several big announcements at CES 2017 last week, most notably Vivint Sky, the company's new smart home assistant that uses artificial intelligence, or AI, to manage all of the devices in a connected home.Vivint CMO Jeff Lyman told Security Systems News that at CES this year the company built a narrative around AI. “We launched our AI layer, which we call Sky, and its purpose is to enable the consumer to live...

CES 2017, Jeff Lyman, Vivint Sky, Vivint Smart Home, Vivint Solar


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