Tech

NRG Energy agreed to buy Utah-based Vivint, which sells thermostats, locks, smart lights, and more for $2.8 billion in cash, ~33% more than Monday’s closing price (Rakteem Katakey/Bloomberg)



Rakteem Katakey / Bloomberg:

NRG Energy agreed to buy Utah-based Vivint, which sells thermostats, locks, smart lights, and more for $2.8 billion in cash, ~33% more than Monday’s closing price— NRG Energy Inc. has agreed to purchase Vivint Smart Home Inc. for $2.8 billion to accelerate its diversification strategy…




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