BENTONVILLE, Ark., and IRVINE, Calif.—In a deal that is likely to have important implications for the streaming, online retail and CTV ad business, Walmart has reached an agreement to acquire Vizio for $11.50 per share in cash, or about $2.3 billion.
Walmart has been a major retailer for Vizio TVs for many years and the acquisition would give it greater control over both the Vizio TVs and Vizio’s large CTV ad business.
