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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.

Latest in Vivint

Vero Beach police are warning residents to beware of a woman claiming to be a Vivint employee, who is telling homeowners that she is performing security alarm surveys on behalf of the police department. SSI Staff · June 03, 2015

The Vivint Doorbell Camera, a Wi-Fi enabled smart home product, uses video analytics technology to alert homeowners to approaching visitors with customized notifications to a mobile device. SSI Staff · May 20, 2015

Vivint is one of 500 companies listed on Forbes’ list of top employers in America. The firm was also the top-ranked security and home automation company on the list. SSI Staff · April 07, 2015

The news agency reports Blackstone could fetch $1.5 billion for AlliedBarton, which it acquired in 2008 for approximately $750 million. SSI Staff · March 09, 2015

Vivint supports Blackstone’s Veterans Initiative to hire 50,000 American veterans across its portfolio of companies over the next five years. SSI Staff · February 11, 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

A representative for The Alarm Guys allegedly told a California woman that his firm had taken over Vivint, prompting the customer to sign a five-year-contract with his alarm company. SSI Staff · February 05, 2015

Military families claim Vivint refused to let them out of their contracts when they were transferred to a new base or retired due to service-related injuries. SSI Staff · December 11, 2014

Vivint Solar's IPO is aimed at repaying debt owed to Blackstone Group, which holds 78 percent of the company's shares. Jason Knott · October 02, 2014

The deal positions Vivint to expand its efforts in the fast-growing Internet of Things (IoT) marketplace. SSI Staff · September 10, 2014


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