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Vizio is getting snapped up by Walmart in a deal worth $2.3 billion, as the U.S.’s biggest retailer looks to break into into connected-TV advertising. The companies announced Tuesday (Feb. 20 ...
Walmart is buying TV-maker Vizio for $2.3 billion in an effort to build its advertising business and rival Amazon.
Walmart wants new profit streams to invest in defending its core retail business from an Amazon attack. Walmart’s $2.3 billion Vizio acquisition is very much about Amazon envy Skip to main content
A 2021 model Vizio TV. SmartCast is the operating system/platform that Vizio uses in all their smart TVs. [64] It uses both Chromecast and Apple AirPlay. [65] [66] In June 2021 Vizio updated SmartCast with a Vizio voice feature. The platform allows access to a limited number of streaming apps like Apple TV+, Disney+, Hulu, Netflix and Prime ...
Retail giant Walmart is in talks to acquire Vizio, which sells a popular line of value-priced smart TVs that include an ad-supported free streaming service, in a deal worth more than $2 billion ...
The company announced plans to acquire the maker of connected TV platform Vizio for $2.3 billion, or $11.50 per share. The move should accelerate its retail media business, Walmart Connect, which ...