Walmart might buy Vizio to win the fight over cheap TVs
Walmart is eyeing a $2 billion deal to buy the TV maker Vizio, according to a report from The Wall Street Journal. The deal would put the retail chain in a better position to compete with the affordable smart TVs from Roku and Amazon than its existing Onn house brand. It would also give Walmart access to the breadth of customer data collected by Vizio’s smart TV platform and the revenue stream created by serving up personalized ads and taking a cut of subscription fees.
After years of putting its Roku operating system on other TVs, Roku finally launched its own line of smart TVs last year and is ramping up its efforts with plans to release more expensive Mini LED TVs this spring. Meanwhile, Amazon is steadily building out its lineup of…
Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images Walmart is eyeing a $2 billion deal to buy the TV maker Vizio, according to a report from The Wall Street Journal. The deal would put the retail chain in a better position to compete with the affordable smart TVs from…
