Walmart Acquires VIZIO for $2.3 Billion
February 20, 2024
Walmart has agreed to acquire VIZIO in a cash deal valued at $11.50 per share, representing a fully diluted equity value of approximately $2.3 billion. The acquisition is intended to accelerate Walmart Connect by combining VIZIO’s SmartCast operating system and advertising solutions with Walmart’s retail media reach.
- Buyers
- Walmart Inc.
- Targets
- VIZIO Holding Corp.
- Industry
- Media & Entertainment
- Location
- California, United States
- Transaction Type
- Buyout
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