Utah-based developer and installer Vivint Solar Inc. has closed its acquisition of Solmetric Corp. Solmetric specializes in test and measurement instruments for solar installation assessments and performance testing.
Under the terms of the deal, Solmetric will become a wholly owned subsidiary of Vivint. Willard MacDonald, Solmetric's president and CEO, will join Vivint Solar as vice president of technology development.
Greg Butterfield, CEO of Vivint Solar, says further in-house development of Solmetric products will help strengthen his company's pre-installation site assessment and computer-aided design process.
Vivint says all Solmetric employees will continue to be based in Sebastopol, Calif., and that all existing sales contracts, distribution partnerships and product availability will continue under the Solmetric brand.