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Vivint announces new VP of operations for Smart Grid Division

SSN Staff  - 
05/24/2011

PROVO, Utah—Vivint on May 17 announced it has hired Richard Guerra as vice president of operations for the company’s Smart Grid Solutions division.

Vivint gets $125M increase in financing

The funds will fuel its home automation expansion
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04/07/2011

PROVO, Utah—Vivint, formerly APX Alarm, has completed a $690 million senior debt financing with a group of lenders led by Goldman Sachs Specialty Lending Group. The new credit facility is an increase of $125 million over its previous financing, according to the home automation/security company, which is based here.

Vivint transfers all its accounts to stages automation platform

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03/31/2011

PROVO, Utah—Vivint announced on March 17 that it was in the process of transferring all of its more than 500,000 monitored accounts to Secure Global Solutions’ stages central station automation platform. Vivint expects to have the transfer completed by the end of April, with both of Vivint’s monitoring centers going through the switch over.

CSAA: Industry should get smart about smart meters

An association spokesman says industry should educate customers about potential problems
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03/21/2011

VIENNA, Va.—Utility companies are installing smart meters on homes and businesses around the nation to help the utilities and their customers better manage power usage. But the devices also appear to have some drawbacks—one of them being possible interference with property owners’ security alarm system.

Select Security gears up for summer

Egan: Selling for an in-state company should be easier sale
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02/04/2011

LANCASTER, Pa.—Last summer, Select Security, a super-regional alarm company based here, successfully experimented with a summer model program to beat the big boys at their own game.
This summer, the company is going further: It is not only repeating its summer sales program but has hired sales representatives from some of the big companies to run it.

Vivint's home automation move timely

Research firm says services are going mainstream
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02/03/2011

SCOTTDALE, Ariz.—Vivint's announcement that it is moving into the home automation market coincided with a new ABI Research report that says there’s a big opportunity now for home automation to go mainstream.

APX changes name to Vivint

‘Simple, affordable, whole-home automation for the average Joe’
 - 
02/01/2011

PROVO, Utah—The new way to spell APX Alarm Security Solutions is Vivint.
The summer-model giant announced today that it has rebranded to Vivint—a name the company said was chosen to convey the concept of “living intelligently.”

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