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Walmart acquires US-based TV maker Vizio for nearly 'USD 2.3 Billion' to boost Its ad business: Report

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Content Team
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Retail giant Walmart on Tuesday said it is acquiring US-based TV maker Vizio in a deal valued at nearly $2.3 billion, in a bid to boost its ad business. The acquisition of Vizio and its SmartCast Operating System (OS) would enable Walmart to serve its customers in new ways, including innovative television and in-home entertainment and media experiences.