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Vizio is known for selling its HDTVs at lower prices than its competitors. [4] In late 2014, Vizio acquired Advanced Media Research Group, Inc., the parent of entertainment website BuddyTV. [11] On July 24, 2015, Vizio filed with U.S. regulators to raise up to $172.5 million in an initial public offering of Class A common stock. [12] [13]
ViziApps was launched in November 2010 by Wellesley, Massachusetts startup MobiFlex Inc. Company CTO Michael Kuperstein worked on ViziApps technology while at his previous company, Metaphor Solutions Inc., a provider of interactive voice response solutions.