Walmart Acquires VIZIO, Enhancing Entertainment and Advertising

VIZIO Holding ( (VZIO) ) has provided an update.

Walmart has completed its acquisition of VIZIO, a move that promises to enhance customer entertainment experiences and drive growth at Walmart Connect, its advertising business. The $2.3 billion deal includes VIZIO’s SmartCast Operating System, paving the way for innovative consumer connections and effective advertising strategies. With VIZIO now a wholly-owned subsidiary, its stock is set to delist from the NYSE, with Walmart planning to integrate VIZIO’s operations into its U.S. segment.

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