Walmart agrees to acquire vizio holding corp. to facilitate accelerated growth of walmart connect through vizio's smartcast operating system

Bentonville, ark. & irvine, calif.--(business wire)--today, walmart and vizio announced they have entered into an agreement for walmart to acquire vizio for $11.50 per share in cash, equating to a fully diluted equity value of approximately $2.3 billion. the acquisition of vizio and its smartcast operating system (os) would enable walmart to connect with and serve its customers in new ways including innovative television and in-home entertainment and media experiences. it would also create new.
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