Vizio
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Walmart Acquires Smart TV Firm Vizio to Boost Advertising Business
Walmart has Vizio, a popular name in the American TV and entertainment business. The deal had been in the process since February this year, and Walmart has finally closed the acquisition. In their latest announcement post, Walmart shares that the Vizio deal cost $2.3 billion. The e-commerce giant received all of Vizio’s assets, including its gross profit, advertising, and data.…
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Walmart bought Vizio – The Verge
After announcing plans to acquire Vizio in February, Walmart officially owns the company after the $2.3 billion transaction closed on Tuesday. The retail giant says the acquisition will help bolster its advertising business, as Platform Plus — the TV-maker’s advertising and data division — “accounts for all the company’s [Vizio’s] gross profit.” The deal has raised concerns among privacy advocates,…
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My Favorite Amazon Deal of the Day: This 50-Inch Vizio Gaming TV
We may earn a commission from links on this page.Deal pricing and availability subject to change after time of publication. Credit: Illustration by Ian Moore and product image courtesy of Amazon. Gaming consoles are powerful, and we pay a premium price for them because of their capabilities—so it’s a bit of a shame when hook them up to TVs that…
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