Jacob Pramuk / CNBC:

Walmart agrees to acquire TV maker Vizio for $2.3B, or $11.50/share, to boost its ad business via Vizio's SmartCast OS, which lets users stream content with ads  —  - Walmart is buying TV maker Vizio for $2.3 billion in cash.  — The move is a bid to boost the big-box retailer's high-margin ad business.

Jacob Pramuk / CNBC:

Walmart agrees to acquire TV maker Vizio for $2.3B, or $11.50/share, to boost its ad business via Vizio's SmartCast OS, which lets users stream content with ads  —  - Walmart is buying TV maker Vizio for $2.3 billion in cash.  — The move is a bid to boost the big-box retailer's high-margin ad business.

Source: TechMeme
Source Link: http://www.techmeme.com/240220/p9#a240220p9