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 year did Vivint start?
Founder Pedersen created Vivint, under the name APX Alarm, as a home security company in 1999. The company was acquired by The Blackstone Group in 2012 for more than $2 billion.
Who owns Vivint now?
In 2012, The Blackstone Group acquired Vivint for more than $2 billion. In January 2020, the company completed a merger with Mosaic Acquisition Corp. to become a publicly traded company on the New York Stock Exchange.