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Vivint Smart Home logo prior to 2020. In 1999, Keith Nellesen and Todd Pedersen co-founded APX Alarm Security Solutions in Provo, Utah. [3] [4] At the time, the company sold and installed security systems. [3] APX Alarm Security Solutions rebranded as Vivint in February 2011. [3] [5] Vivint was acquired by The Blackstone Group in November 2012. [6]
CEO of Vivint. Years active. 1997–present. Spouse. Andie Pedersen. Children. 5. Todd Richard Pedersen (born November 23, 1968) is an American entrepreneur and the founder of Vivint, Inc., a home automation, security and energy company. Vivint, Inc. was acquired in late 2012 by the Blackstone Group.
3. Keith Nellesen (born 1967) is an American entrepreneur and the co-founder of Vivint, Inc., a home automation, security and solar energy company. Vivint, Inc. was acquired in late 2012 for $2.2 Billion by the Blackstone Group. [ 1] Following the sale of Vivint Nellesen invested in NUVI where he subsequently assumed the role of CEO from ...
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 ...
Pennsylvania is home to 23 of the nation's 500 largest companies that comprise the Fortune 500, including two that rank in the top 100, Cencora (formerly AmeriSource Bergen) in Conshohocken, which is the nation's 11th-largest company, and Comcast in Philadelphia, which is the 29th-largest. [149]
Popular systems include the Ring doorbell, Vivint Home Security doorbell, and the Nest Hello. These consist of a single unit which is located in place of the traditional push-button, and in addition to a physical button, contains a high-definition camera, passive infrared sensor and Wi-Fi capability.
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