Vivint & 2GIG Acquired for Over $2 Billion

By John Honovich, Published Sep 18, 2012, 08:00pm EDT (Info+)

Legendary door to door alarm sales company Vivint is being acquired for over $2 Billion by the Blackstone Group - a huge amount. Here is the official press release on the acquisition.

Interestingly, Vivint is being acquired along with alarm equipment provider, and Vivint Supplier, 2GIG. 2GIG projects over [link no longer available] $130 Million 2012 revenue. Vivint reports 2011 revenue over $350 Million.

***** *** ***** ** ******** ** the *******:

****'* ******'* ******* **** ** ******:

*******,*********** ************ *******. **** **** **** ***** own ****** *****:

**********, *** ************ ****** ** *** company ** ***********. **** *** ******* to ** **** ** ******* **** can ******* ***** ******* ** ***** and ****.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts reporting, tutorials and software funded by subscriber's payments enabling us to offer the most independent, accurate and in-depth information.
Loading Related Reports