Items tagged with (nyse:vzio)
No longer a rumor, Walmart today announced it has entered into a definitive agreement with Vizio to acquire the TV maker for $11.50 per share in cold hard cash, which works out to a cool $2.3 billion (or thereabouts). It's a huge bet ostensibly on the smart TV market, though the real play here is the opportunity to...
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In what would be a surprise and potentially game-changing move, Walmart is reportedly in discussions to acquire Vizio, a popular maker of smart TVs and soundbars, for $2 billion. Nothing is set in stone, but according to The New York Times, discussions are ongoing. The appeal for Walmart isn't just to sell TVs, which...
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