Vivint

Sigma Designs Ships 100 Millionth Z-Wave Chipset Module

Sigma Designs® announced that a cumulative lifetime 100M Z-Wave modules have shipped into the smart home market. With hundreds of customers shipping over 2,400 interoperable Z-Wave devices, Sigma Designs highlighted that the recipient of the 100 millionth module was the smart home service provider and long-time customer of Sigma Designs, Vivint Smart Home. Services such as professionally monitored security are currently driving the smart home market.

Retailer Best Buy Partners With Vivint To Launch Smart Home Service

Best Buy and Vivint Smart Home announced a strategic partnership to give customers an easy way to automate and manage their homes, called Best Buy Smart Home powered by Vivint. With a nationwide rollout beginning this summer, Best Buy customers will be able to visit one of more than 400 of the chain’s large-format stores to consult with a smart home expert, design a comprehensive system, and receive professional installation and monitoring, often within 24 hours.

Billionaire Peter Thiel Co-Leads $100 Million Investment Vivint

Billionaire tech investor Peter Thiel is co-leading a $100 million investment in Provo, Utah-based smart home company Vivint , the company announced Wednesday. This is a personal investment from Thiel, who is best known for cofounding PayPal and his early investments in Facebook and Airbnb. Solamere Capital, a Boston-based private firm that counts former US presidential candidate Mitt Romney as a partner, was the other co-lead.