When did APX become Vivint?

When did APX become Vivint?

February 2011
APX Alarm Security Solutions rebranded as Vivint in February 2011. The company completed a $565 million senior debt financing led by Goldman Sachs that month.

What was Vivint called before?

APX Alarm
The company originated in 1999 as now well-known APX Alarm. In February 2011, the company was rebranded with the name of Vivint, which derives from the words “vive” (to live) and “intelligent” (smart).

What is Vivint USA?

Vivint Smart Home (NYSE:VVNT) is a leading smart home company in North America. Vivint delivers an integrated smart home system with in-home consultation, professional installation and support delivered by its Smart Home Pros, as well as 24/7 customer care and monitoring.

When was Vivint established?

1999, Provo, UT
Vivint/Founded

Who is CEO of Vivint?

David Bywater (Jun 15, 2021–)
Vivint/CEO

PROVO, Utah—Vivint Smart Home, Inc. announced that David Bywater has been appointed chief executive officer.

Why did vivint get sued?

ADT sued Vivint in August, accusing it of misleading ADT customers into switching services using false and “well-rehearsed sales tactics” in door-to-door sales. Vivint filed a lawsuit against ADT in February, claiming ADT’s Pulse and Control smart home security systems infringe its patents.

Why did Todd Pedersen leave Vivint?

Pedersen to step down as Vivint CEO. “I have decided that after 20 years of building a successful company, it is time for me to pursue my other entrepreneurial goals and devote myself to those investments and businesses,” said Pedersen. …

How long has vivint solar been in business?

The company is an offshoot of an alarm business founded in Provo in 1999 by Todd Pedersen, a former BYU student. That effort was rebranded as Vivint in 2011 and a year later New York City private equity giant Blackstone Group acquired the company for $2 billion. Vivint Solar went public as a spinoff entity in 2014.

Has Vivint been hacked?

Vivint works hard to ensure that all their devices are secure. However, there have been reported incidents of Vivint systems being hacked. Vivint was also successfully hacked by the cybersecurity researcher named Logan Lamb in a test on the vulnerability of many top-rated security systems.

Does Todd Pedersen own Vivint?

PROVO, Utah—Vivint Smart Home announced this week that company Founder and Chief Executive Officer Todd R. Pedersen has decided to step down as CEO, effective once the board of directors of the company appoints his successor. Pedersen will remain a member of the board of directors.

Is the owner of Vivint LDS?

In fact, Vivint Solar, a startup founded by an entrepreneur and former Mormon missionary, finds members of The Church of Jesus Christ of Latter-day Saints who knocked on doors as part of their own missions are among its best salespeople, making up about half the salesforce.