Vivint's asset
Vivint

@vivint.com

Smart Home Security & Alarm Systems

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About

Description

Vivint is a leading provider of smart home technology in the United States. Established in 1999 as APX Alarm Security Solutions, the company rebranded itself as Vivint in 2011 to reflect its shift towards offering comprehensive smart home solutions. Vivintโ€™s headquarters are located in Provo, Utah.


The campus sprawls across 13 acres and features cutting-edge facilities for research, development, and customer support. The company employs over 9,000 people across the United States and Canada. Vivint offers a wide range of products and services to create smart homes.


Their flagship offering is the Vivint Smart Home system, which integrates various devices such as security cameras, thermostats, doorbell cameras, smart locks, and more into a centralized control panel accessible through a smartphone app. Customers can monitor and control their homes remotely, ensuring security and energy efficiency. On a global scale, Vivint's primary operations are in the United States and Canada.


However, the company has expanded its offerings to include energy management solutions and solar panel installations. Vivint Solar was created as a subsidiary to focus on residential solar energy systems. The company also partners with various utility providers for energy management and solar initiatives.


In terms of market position, Vivint is recognized as one of the leaders in the smart home industry. The company competes with established players such as ADT, Ring, and SimpliSafe. Vivint has a strong customer base, with millions of subscribers across North America.


It consistently ranks among the top smart home service providers in the United States. Vivint has experienced significant growth and achievements. In 2019, the company was acquired by Blackstone Group for $2 billion, enabling further expansion and investment.


It has also been recognized for its innovation and customer service, receiving awards such as the CES Innovation Award, Fortune's Best Workplaces in Technology, and J. D. Power's highest-ranking for smart home security.


As of the latest updates, Vivint continues to enhance its product lineup and expand its market presence. It focuses on developing and integrating new features, such as artificial intelligence and deep learning capabilities, to make homes more intelligent and secure. Vivint remains at the forefront of the smart home industry, dedicated to providing innovative solutions that simplify and improve the lives of their customers

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Company Type

Public Company

Company Size

10,001+

Year Founded

1999

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