On Monday, Shares of Vivint Solar, Inc. (NYSE:VSLR), skyrocketed 44.76% to $15.75.
SunEdison, Inc. (SUNE), the world’s largest renewable energy development company, Vivint Solar (VSLR), a leading provider of residential solar systems in the United States, and TerraForm Power, Inc. (together with its auxiliaries, TerraForm Power) (TERP), an owner and operator of clean energy power plants, recently declared that SunEdison and Vivint Solar have signed a definitive merger agreement following which SunEdison will acquire Vivint Solar for about $2.2 billion, payable in a combination of cash, shares of SunEdison common stock and SunEdison convertible notes.
In connection with SunEdison’s projected acquisition of Vivint Solar, SunEdison has reached a definitive purchase agreement with a partner of TerraForm Power which, concurrently with the completion of SunEdison’s acquisition of Vivint Solar, will acquire Vivint Solar’s rooftop solar portfolio, comprising of 523 megawatts (MW) predictable to be installed by year-end 2015, for $922 million in cash (TERP Purchase Agreement). The 523 MW of residential solar projects are predictable to provide a 10 year average unlevered CAFD of $81 million, and provide a ten-year average levered cash-on-cash yield of 9.5 percent.
Vivint Solar, Inc. provides distributed solar energy to residential customers in Arizona, California, Connecticut, Hawaii, Maryland, Massachusetts, New Jersey, New York, and Utah.
Shares of FireEye, Inc. (NASDAQ:FEYE), declined -3.29% to $46.49, during its last trading session.
FireEye, declared its state government focused intelligence sharing initiative with the National Fusion Center Association (NFCA). The initiative is a partnership between FireEye and the NFCA, counting the joint development of Automated Threat Intelligence Exchange Network (ATIX) for the California State Threat Assessment System (STAS).
FireEye sits on the NFCA’s subcommittee for Cyber Threat Intelligence and Sharing, providing industry leading intelligence and expertise to analyze information, identify trends, and share accurate, actionable threat intelligence for various state needs. This comprises supporting regional and state intelligence agencies during national and local crises, dissemination of advanced threat intelligence to agencies, and training of cyber analysts.
FireEye, Inc., together with its auxiliaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information.
Finally, Merge Healthcare Incorporated (NASDAQ:MRGE), ended its last trade with 3.01% gain, and closed at $5.14.
Merge Healthcare Incorporated, and clinical systems that seek to advance healthcare, declared Summa Health, one of the largest integrated healthcare delivery systems in Ohio, will integrate Merge’s cardiology solutions to support population health initiatives. The solutions will support Summa’s overarching coordinated care aims, in addition to provide better access to images and data to enhance workflows and reporting.
Summa will leverage Merge cardiology and hemodynamic solutions, counting:
- Merge Hemo(TM), Merge’s real-time documentation tool for the cardiac cath lab, which easily automates cath lab documentation into the patient’s electronic health record for efficient workflow.
- Merge Cardio(TM), a web-enabled enterprise-level image and information system that provides a single point of entry to the patient’s complete cardio record spanning all cardiac modalities.
Merge Healthcare Incorporated develops software solutions that facilitate the sharing of images to create an electronic healthcare experience for patients and physicians worldwide. It operates in two segments, Merge Healthcare and Merge DNA.
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