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Alex Dunn

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.

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.

APX changes name to Vivint

‘Simple, affordable, whole-home automation for the average Joe’
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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.”

APX makes first acquisition

Company will provide a new channel for APX to gain customers, leading with energy management
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01/13/2011

PROVO, Utah—Marking its first acquisition in its 11-year history, APX Alarm on Jan. 12 announced that it bought Meter Solutions, an installer of smart meters for utilities.

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