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Walmart might buy budget TV maker Vizio


According to The Wall Street Journal, retail giant Walmart is in talks to acquire budget TV maker Vizio. This would make them a direct competitor against Amazon’s Fire TV line and Roku devices.

Retail giant Walmart is reportedly in talks to acquire budget TV maker Vizio, according to The Wall Street Journal. The $2 billion deal would make Vizio a house brand for Walmart and would allow the company to directly compete in the affordable smart TV space currently dominated by Amazon and Roku. These include content delivery platform Vudu, AR optical tech company Memomi, banking app ONE and a whole bunch of digital retailers, like Shoes.com and Bare Necessities.

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Walmart in talks to buy Vizio for more than $2 bln, WSJ reports