Vivint

Parks Associates: 18% of US Households Have Six Or More Smart Home Devices

Retrieved on: 
Wednesday, April 17, 2024
Trident, Alarm.com, Vivint, EPB, Cox, Internet, Sonos, Verizon Communications, ADT, Conference, Research, Speed networking, Imperial Capital, RapidSOS, Cardinal Peak, Marketing, SmartThings, Artificial intelligence, Consumer electronics

DALLAS, April 17, 2024 /PRNewswire/ -- Parks Associates' Smart Home Dashboard, quarterly consumer research featuring surveys of 8,000 and 10,000 US internet households, finds 45% of US internet households have at least one smart home device and 18% have six or more smart home devices. The research firm will feature its latest consumer and industry research on the smart home, security, energy, access control, monitoring, and broadband markets at the 28th annual CONNECTIONS™: The Premier Connected Home Conference, featuring keynote speakers from Vivint, Imperial Capital, EPB, Verizon, GVTC, RapidSOS, and Alarm.com.

Key Points: 
  • "Heading into 2024, the profile of the smart home adopter looks different than in the earlier years of the market," said Jennifer Kent , VP Research, Parks Associates.
  • "Mainstream households with 1-5 devices now outnumber the smart home-enthusiast households with 6+ devices.
  • "Companies are building out their ecosystems to maximize their sales potential and provide a better, more integrated experience to end users.
  • This makes the platform that much more important as a center point for control of the connected home."

Trident IoT Completes $10M Fundraising Round; Welcomes Vivint Founder Todd Pedersen to the Board

Retrieved on: 
Thursday, April 11, 2024
Trident, Z-Wave, Acceleration, Internet of things, Certification, AI, FCC, Silicon, Vivint, Growth, Engineering, SIP, RF, LoRa, Customer service

Trident IoT offers Z-Wave silicon solutions and product design and development consulting services for any RF technology.

Key Points: 
  • Trident IoT offers Z-Wave silicon solutions and product design and development consulting services for any RF technology.
  • The round was led by Todd Pedersen, entrepreneur and founder of Vivint and Vivint Solar, who will join the Trident IoT Board of Directors.
  • Pedersen shared his thoughts as he joins the Board: "Trident IoT has a commitment to innovation, combined with a deep expertise in wireless and RF technologies, that creates a unique capacity to fast-track IoT development.
  • Coinciding with the fundraising close, the Z-Wave Alliance approved Trident IoT as an official Z-Wave device certification testing lab on Tuesday, April 9.

David Bywater Joins Torus Board of Directors

Retrieved on: 
Thursday, April 4, 2024
Alternative Energy, Energy, Other Energy, Utilities, BPO, Growth, Affiliated Computer Services, Inc., Brigham Young University, NRG, Xerox, Harvard Business School, Sale, Transport, MBA, Vivint Solar, ACS, Bain, Leadership Council, Vivint, National Advisory Council (India), Bain & Company, Corporation, Management

Torus Inc. announced the appointment of David Bywater to its board of directors, marking a significant step for the company in its focus on energy storage and management.

Key Points: 
  • Torus Inc. announced the appointment of David Bywater to its board of directors, marking a significant step for the company in its focus on energy storage and management.
  • "Joining the Torus Board of Directors is not only an honor but a tremendous opportunity to contribute to a company that is redefining the renewable energy landscape,” said Bywater.
  • “The innovative spirit and leadership at Torus are truly exceptional, and I am deeply inspired by their commitment to shaping a sustainable future.
  • It's this combination of outstanding products and visionary leadership that positions Torus for unmatched potential success," added Bywater.

Vivint Smart Home Enhances Smart Security with New Vehicle Detection for Outdoor Camera Pro

Retrieved on: 
Thursday, February 29, 2024
Vehicle Technology, Men, Internet, Hardware, Consumer Electronics, Consumer, General Automotive, Technology, Automotive, Artificial Intelligence, Security, Women, Vehicle, Vivint, AI, Intelligence, NRG, Satellite navigation device

Vivint Smart Home , an NRG brand, today announced Vehicle Detection, a new smart home feature that leverages the AI technology on Vivint Outdoor Camera Pro to identify when a vehicle arrives, leaves, or passes through a designated detection zone.

Key Points: 
  • Vivint Smart Home , an NRG brand, today announced Vehicle Detection, a new smart home feature that leverages the AI technology on Vivint Outdoor Camera Pro to identify when a vehicle arrives, leaves, or passes through a designated detection zone.
  • "Vehicle Detection is an exciting addition to our Outdoor Camera Pro,” said Jim Nye, chief product officer at Vivint.
  • Vehicle Detection is now available to all Vivint customers with a Vivint Outdoor Camera Pro.
  • To enable the feature, simply open the Outdoor Camera Pro settings on the Vivint app, tap on “notifications” and toggle the Vehicle Detection setting to “On.”

Alarm.com Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024
Technology, Mobile, Wireless, Construction & Property, Public Policy, Government, Software, Hardware, Other Construction & Property, Consumer Electronics, Public Safety, ALRM, IESO, Emergency, Privacy, Vivint, Growth, Nature, GAAP, Alarm.com, Software as a service, Independent Electricity System Operator, Holding company

“We are pleased to report solid results for the quarter and the year,” said Steve Trundle, CEO of Alarm.com.

Key Points: 
  • “We are pleased to report solid results for the quarter and the year,” said Steve Trundle, CEO of Alarm.com.
  • For the quarter ended December 31, 2023, cash flows from operations was $39.9 million, compared to $34.4 million for the quarter ended December 31, 2022.
  • For the quarter ended December 31, 2023, non-GAAP free cash flow(*) was $37.7 million, compared to $33.9 million for the quarter ended December 31, 2022.
  • Alarm.com will host a conference call to discuss its fourth quarter and full year 2023 financial results and its outlook for the first quarter and full year 2024.

Fractus and Vivint sign patent licensing deal for antenna technology in IoT, smart homes

Retrieved on: 
Monday, February 19, 2024
Internet, Internet of things, Vivint, Patent, Communication

Fractus sued Vivint in October 2022 for infringement of its antenna technology patents for security systems (Case 2:22-cv-00413-JRG).

Key Points: 
  • Fractus sued Vivint in October 2022 for infringement of its antenna technology patents for security systems (Case 2:22-cv-00413-JRG).
  • By resolving the dispute with Vivint, Fractus solidifies its position as a leading partner of versatile and efficient antenna solutions for diverse applications.
  • "We are pleased to announce the resolution of our patent litigation with Vivint, reinforcing the value and versatility of Fractus' antenna technology," stated Ruben Bonet, CEO at Fractus.
  • Fractus is inviting companies in the IoT industry to explore licensing opportunities for its innovative antenna technology.

Fractus and Vivint sign patent licensing deal for antenna technology in IoT, smart homes

Retrieved on: 
Monday, February 19, 2024
Internet, Internet of things, Vivint, Patent, Communication

Fractus sued Vivint in October 2022 for infringement of its antenna technology patents for security systems (Case 2:22-cv-00413-JRG).

Key Points: 
  • Fractus sued Vivint in October 2022 for infringement of its antenna technology patents for security systems (Case 2:22-cv-00413-JRG).
  • By resolving the dispute with Vivint, Fractus solidifies its position as a leading partner of versatile and efficient antenna solutions for diverse applications.
  • "We are pleased to announce the resolution of our patent litigation with Vivint, reinforcing the value and versatility of Fractus' antenna technology," stated Ruben Bonet, CEO at Fractus.
  • Fractus is inviting companies in the IoT industry to explore licensing opportunities for its innovative antenna technology.

Fortiva® Retail Credit and Vivint Extend Financing Partnership

Retrieved on: 
Thursday, February 8, 2024
Sale, Partnership, Longevity, Vivint

ATLANTA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus”, “we” or “our”) today announced that Fortiva® Retail Credit, the leader in second look point-of-sale financing, entered a multi-year renewal of the partnership with Vivint, a leading smart home provider in the United States.

Key Points: 
  • ATLANTA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus”, “we” or “our”) today announced that Fortiva® Retail Credit, the leader in second look point-of-sale financing, entered a multi-year renewal of the partnership with Vivint, a leading smart home provider in the United States.
  • The Fortiva Retail Credit program leverages market-leading technology and a proprietary underwriting platform to provide second look financing solutions that help businesses approve and retain more consumers.
  • Vivint has utilized the Fortiva Retail Credit program since 2019 to provide its customers with a variety of financing options.
  • “This second, consecutive renewal speaks to the strategic importance of the partnership we have established with Vivint,” said David Caruso, Chief Commercial Officer at Atlanticus Services Corporation.

Complete Solaria Appoints Solar Industry Veteran and Growth Expert Chris Lundell as its New CEO

Retrieved on: 
Monday, December 11, 2023
Culture, Vivint Solar, Completeness, Consultant, Vivint, Research, CMO, CSLR, IPO, Management

(“Complete Solaria” or the “Company”) (NASDAQ: CSLR), a leading solar technology, services, and installation company, today announced the appointment of Chris Lundell as Chief Executive Officer, effective immediately.

Key Points: 
  • (“Complete Solaria” or the “Company”) (NASDAQ: CSLR), a leading solar technology, services, and installation company, today announced the appointment of Chris Lundell as Chief Executive Officer, effective immediately.
  • Chris has now agreed to put aside other business commitments and join us full-time as CEO.
  • I look forward to working with the team at Complete Solaria to deliver the best solar solutions and experience to our customers and clients.
  • Chris Lundell assumes the role of CEO effective immediately and will be based at the company’s Utah office.

NRG Energy Announces Leadership Changes

Retrieved on: 
Monday, November 20, 2023
Environment, Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Sustainability, Energy, Nuclear, EBITDA, Binatone, NYSE, StarTex Power, Security (finance), Entrepreneurship, NRG Energy, Interim, Cenovus Energy, Investment, Region, Committee, Operation Active Endeavour, Pourbaix diagram, Dynegy, NRG, Management, Renewable energy, Nest, Growth, Vivint, Alphabet

NRG Energy, Inc. (NYSE: NRG) (“NRG” or the “Company”) today announced that Lawrence Coben, Ph.D., Chair of the NRG Board of Directors, has been appointed Interim President and Chief Executive Officer and that Mauricio Gutierrez, NRG’s President and Chief Executive Officer, has departed the Company and resigned from the Board.

Key Points: 
  • NRG Energy, Inc. (NYSE: NRG) (“NRG” or the “Company”) today announced that Lawrence Coben, Ph.D., Chair of the NRG Board of Directors, has been appointed Interim President and Chief Executive Officer and that Mauricio Gutierrez, NRG’s President and Chief Executive Officer, has departed the Company and resigned from the Board.
  • The NRG Board has initiated a search to identify a permanent CEO and retained a leading search firm to assist with this process.
  • “Today, NRG is in a position of strength,” Dr. Coben said.
  • Their expertise will help ensure we capture the value we create by offering a smarter, cleaner and more digitally enhanced energy ecosystem.