Walmart to acquire VIZIO for $2.3bn.

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.