Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising business
Briefly

If completed, the deal would give Walmart access to Vizio's SmartCast operating system, allowing the retail behemoth to offer its suppliers the ability to display ads on streaming devices.
Vizio's platform has more than 500 direct advertisers and that ads now account for the majority of the company's gross profit.
Read at SFGATE
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