Blackstone-backed home automation company to merge with SoftBank unit
15 Sep Blackstone-backed home automation company to merge with SoftBank unit
Posted at 11:53h
in
News
by KMFSLLP
Vivint Smart Home Inc, a home automation
company backed by Blackstone Group, on Monday agreed to
merge with a company funded by a unit of Japan’s SoftBank Corp
to create a firm with an enterprise value of $5.6
billion.
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