Walmart purchasing TV-brand Vizio for its ad-fueling consumer information
About software application, not hardware-- Deal anticipated to close as quickly as this summer season.
Scharon Harding - Feb 20, 2024 8:44 pm UTC
Walmart revealed an arrangement to purchase Vizio today. Irvine, California-based Vizio is best understood for lower-priced TVs, however its genuine worth to Walmart is its marketing organization and access to user information.
Walmart stated it's purchasing Vizio for roughly $2.3 billion, pending regulative clearance and extra closing conditions. Vizio can likewise end the deal over the next 45 days if it accepts a much better deal, per the statement.
Walmart will keep offering non-Vizio TVs must the merger close, Seth Dallaire, Walmart United State...