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[4] [5] At the time, the company sold and installed security systems. [4] APX Alarm Security Solutions rebranded as Vivint in February 2011. [4] [6] Vivint was acquired by The Blackstone Group in November 2012. [7] The company launched Vivint Solar, a solar energy company, in 2011. [8] Vivint Solar went public in October 2014 and was later ...
As of 2015, it was the second largest security alarm monitoring company in the United States, behind ADT. [5] In 2013, MONI purchased Security Networks, a network of about 225 security dealers, for $507 million to diversify its service offerings and enter into the developing and complementary DIY home service category. [6]
In 2014, it acquired the Canadian company Reliance Protectron Security Services from Reliance Home Comfort [16] for a total of Can$555 million. [17] [18] In February 2016, Apollo Global Management acquired ADT for nearly $7 billion and merged it with another home security firm, Protection 1. [19]
Some forecasts project the home security market as a whole will be worth $47 billion by 2020, [12] with the DIY home security market worth $1.5 billion. [13] While the market for home security is expanding, especially with cable TV and Internet service providers introducing their own security and home automation products, it is a fragmented ...
Blink is an American home automation company which produces home security cameras. The company was founded in 2009 by Peter Besen, Don Shulsinger, Dan Grunberg, Stephen Gordon, and Doug Chin. The company was initially started as Immedia Semiconductor Inc in 2009, but pivoted into a consumer electronics company. [1]
The company combines security equipment such as video cameras, access control systems and environmental sensors, with cloud based machine vision and artificial intelligence. [2] [3] The company was founded in 2016. [4] In 2021, it was the target of a data breach that accessed security camera footage and private data.
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