Announced
Financials
Tags
Consumer Electronics
television
manufacturing
lcd/led tv
home entertainment products
United States
Acquisition
Domestic
Majority
Public
Pending
Friendly
Single Bidder
Synopsis
Walmart, an American multinational retail corporation, agreed to acquire VIZIO, a consumer electronics company, for $2.3bn. “We believe this is the ideal next chapter in VIZIO’s history. By bringing our capabilities and resources together, we’ll drive innovation and create even more value for our customers. Walmart’s approach is aligned with VIZIO’s mission and vision, and our technology will help bring a scaled, connected TV advertising platform to Walmart Connect. This transaction delivers immediate and compelling value to VIZIO stockholders and is a true testament to the hard work of the entire VIZIO team,” William Wang, VIZIO CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.