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In 1999, Keith Nellesen and Todd Pedersen co-founded APX Alarm Security Solutions in Provo, Utah. At the time, the company sold and installed security systems. APX Alarm Security Solutions rebranded as Vivint in February 2011. Vivint was acquired by The Blackstone Group in November 2012.In February 2014, the company donated $1 million to the Utah Valley University, along with a $1 million investment from Vivint's CEO, to establish a professional sales program and a SMART Lab for marketing research.Vivint's former CEO Todd Pedersen appeared on the CBS television show Undercover Boss in February 2015.In 2015, Vivint became the official safety sponsor for Autism Speaks.The 2017 J.D. Power 2017 Home Security Satisfaction Study ranked Vivint as the "Highest in Home Security Customer Satisfaction" among home security brands. The 2020 Home Security Satisfaction Study ranked Vivint second, behind AT&T Digital Life.In January 2020, Vivint completed a merger with Mosaic Acquisition Corp. and became a publicly traded company on the New York Stock Exchange.In December 2022, NRG announced the acquisition of Vivint Smart Home for $2.8 billion in cash, adding home security and automation to its offerings, expected to close on the first quarter of 2023.
Vivint Solar
The company launched Vivint Solar, a solar energy company, in 2011. Vivint Solar went public in October 2014 and was later purchased by Sunrun.
Vivint Arena
On October 26, 2015, Vivint acquired the naming rights to the Utah Jazz's home arena, renaming the building as Vivint Arena. The contract lasts for 10 years. In April 2018 Vivint and the Utah Jazz added a new sensory room at the arena for children with autism spectrum disorder.
https://en.wikipedia.org/wiki/Vivint
https://www.investing.com/equities/mosaic-acquisition-a
https://finance.yahoo.com/quote/VVNT/profile?p=VVNT
https://www.comparably.com/companies/vivint/mission
https://www.crunchbase.com/organization/vivint
https://sec.report/CIK/0001713952
