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Vivint Sells Off Solar Biz to SunEdison for $2.2B

Having already sold its door-to-door security and home automation business for $1.8 billion, Vivint is selling its solar installation business to renewable energy company SunEdison for $2.2 billion.


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Having already sold its door-to-door security and home automation business for $1.8 billion, Vivint is selling its solar installation business to renewable energy company SunEdison for $2.2 billion. Julie Jacobson · July 20, 2015

Vivint CEO Todd Pedersen will appear on the season finale of CBS’ popular show “Undercover Boss” on February 20 to examine the inner workings of his company. SSI Staff · February 09, 2015

The future of the truly integrated home celebrated a ribbon-cutting recently in a small community located among rolling hills and a mountainous backdrop near Salt Lake City. By Rodney Bosch · September 03, 2013

Following is how Mike Barnes (founding partner, Barnes Associates Inc.), Ron Davis (principal, Davis Marketing Group), George De Marco (managing partner, DECO Ventures LLC) and Bob Harris (president, The Attrition Busters) evaluate Vivint and its CEO Todd Pedersen. Scott Goldfine · February 03, 2013

Vivint has set the residential security world ablaze with exceptionally fast growth and a $2 billion sale price. In an exclusive interview, the company’s maverick CEO Todd Pedersen explains how innovation trumps competition, the value of growing a business one customer at a time and why everyone should have a security system. He also discusses expanding into commercial security, solar energy, wireless Internet and more. By Scott Goldfine · January 31, 2013

Find out what mantra Vivint CEO Todd Pedersen lives by. By Ron Davis · January 01, 2013

The Blackstone Group LP announces it has completed the acquisition of Vivint Inc., a provider of security and home automation services. The acquisition worth more than $2 billion was made by Blackstone Capital Partners, a fund managed by Blackstone for its private equity investors. December 19, 2012

In the wake of a blockbuster deal to sell the majority stake of his company to a private equity firm for more than $2 billion, Vivint CEO Todd Pedersen tells SSI the agreement will allow the company to expand upon its technology-based platform, enter new markets more expeditiously and free up management to be “more thoughtful about what we are going to become in five years.” By Rodney Bosch · September 30, 2012

Blackstone Group LP will acquire Vivint Inc. for more than $2 billion, gaining legions of home-security, energy-management and solar-power customers throughout North America. September 19, 2012

Vivint, a national provider of residential security, energy management and automation solutions, is exploring a sale that could value it at as much as $2 billion, according to Reuters. September 05, 2012




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