Home automation company Vivint Smart Home to merge with Mosaic Acquisition
Vivint Smart Home, a Blackstone Group-backed US smart home services provider, has agreed to merge with a subsidiary of Mosaic Acquisition, to create a home automation company worth $5.6 billion. Mosaic Acquisition is a special purpose acquisition company of Japanese investment firm SoftBank Group. Founded in 1999, Vivint Smart Home offers a suite of smart […]