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Tag: Vivint Solar


Residential

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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Vivint Solar seeks to raise $200m through IPO

September 3, 2014Tess Nacelewicz

The fact that Vivint Solar officially filed with U.S. regulators last week for an initial public offering of common stock is an indication that solar continues to be a hot option for security companies. Vivint Solar's parent company is Provo, Utah-based home automation/home security company Vivint, which was bought by The Blackstone Group in 2012 for more than $2 billion. Now, Reuters reported Aug. 26, Vivint Solar has filed for an IPO and set its fundraising target at about $200 million. And the...

GHS Interactive Security, Merrill Lynch, Protection 1, solar, The Blackstone Group, Vivint, Vivint Solar


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Vivint Solar is Massachusetts' top residential solar provider

June 5, 2014SSN Staff

MARLBOROUGH, Mass.—Following the recent opening of a new facility here, Vivint Solar now has four locations in Massachusetts, according to the Worcester Telegram & Gazette. In 2013, Vivint Solar was the state's top residential solar provider, with more than four megawatts worth of solar systems installed, the paper reported May 19. Vivint Solar, an affiliate of Provo, Utah-based home automation/home security company Vivint, sells solar panels to homeowners for affordable electricity generation,...

Massachusetts, Vivint, Vivint Solar


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Vivint Solar names new strategy, innovations officer; expands Maryland presence

April 17, 2014SSN Staff

PROVO, Utah—Vivint Solar, an affiliate of home automation/home security provider Vivint, announced April 16 that Dwain Kinghorn has been named chief strategy and innovations officer and will align the company product portfolio with new business development channels.A longtime network security engineering executive, Kinghorn joined Vivint Solar, which bills itself as the nation's second largest solar provider, from SageCreek Partners, where he counseled technology clients. Kinghorn started his...

Dwain Kinghorn, Vivint, Vivint Solar


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Vivint Solar buys company that monitors installed systems' performance

January 27, 2014SSN Staff

PROVO, Utah—Vivint Solar, an affiliate of home automation/home security provider Vivint, has purchased Solmetric, a company that makes tools to assess sites and performance, the company announced Jan. 24. Solmetric instruments and hardware assess potential sites and monitor the performance of installed systems. It is now a wholly-owned subsidiary of Vivint Solar, according to news stories. “The Solmetric team has developed industry-dominant SunEye hardware and PV Designer software product...

Solmetric, Vivint Solar


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Vivint Solar sues COO who jumped ship for competitor

December 30, 2013Tess Nacelewicz

I wrote back in November about how Brendon Merkley, the COO of Vivint Solar, had left to work for SolarCity, Vivint Solar's larger competitor. Now, Vivint Solar—an affiliate of home automation/home security provider Vivint—is suing Merkley for breach of contract. In the lawsuit, filed Dec. 4 in U.S. District Court in Utah, Vivint Solar said it is bringing the case to prevent Merkley “from violating his contractual non-competition, non-disclosure, and customer/vendor non-solicitation...

Brendon Merkley, SolarCity, Tanguy Serr, Vivint Solar


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Another shake-up at the top for Vivint Solar?

November 13, 2013Tess Nacelewicz

[UPDATE ON NOV. 14: I heard back late yesterday from SolarCity, which confirmed that Vivint Solar COO Brendon Merkley has joined SolarCity. Molly Canales, a communications associate with that company, told me in an email, "Brendon has accepted an offer to join SolarCity and we're excited to welcome him aboard." So my report below is no longer speculative.] Vivint Solar has been making headlines of late regarding the rapid success of the 2-year-old business and the new round of financing it just secured....

Brendon Merkley, greg butterfield, SolarCity, Tanguy Serra, Vivint Solar


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Energy market expert tapped as Vivint Solar's new EVP

October 28, 2013SSN Staff

PROVO, Utah—Thomas Plagemann has joined Vivint Solar as executive vice president and head of capital markets, the company recently announced. Vivint Solar is a division of home automation/home security provider Vivint. Plagemann formerly was managing director of Santander Global Banking & Markets. With 20 years experience in energy and infrastructure financing and investments, Plagemann will develop Vivint Solar's tax equity and capital markets fundraising, leading financing beyond its current...

greg butterfield, santander global banking & markets, thomas plagemann, Vivint, Vivint Solar


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Vivint Solar secures $540m in financing for solar projects

October 21, 2013SSN Staff

PROVO, Utah—Vivint Solar raised $540 million in two rounds of financing for its residential solar projects, the company announced Oct. 18. The nation's second-largest provider of residential solar systems is a division of Vivint, the home automation/home security provider. Both companies are based here. “In less than three months, Vivint Solar has raised nearly three-quarters of a billion dollars to finance our solar projects,” said Greg Butterfield, Vivint Solar CEO, in a prepared...

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Vivint Solar gets new CEO

September 5, 2013SSN Staff

PROVO, Utah—Greg Butterfield has been named the new CEO of Vivint Solar, the residential solar integrator announced in a Sept. 5 news release. Butterfield comes to Vivint Solar, a division of home automation/home security provider Vivint, with more than 25 years executive-level experience in the software and network systems management industries. Vivint President Alex Dunn has served as interim CEO since Tanguy Serra left the company in April. "This is a critical expansion period for Vivint...

greg butterfield, Todd Pedersen, Vivint Solar


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