Walmart just acquired Vizio for $2.3 billion — here’s what it means for you

Walmart outside picture .

Walmart is officially acquiring Vizio in a meteoric $2.3 billion acquisition that will see the retail giant leveraging SmartCast OS to bolster its advertisement arm, Walmart Connect. 

The news comes in a press release published Tuesday morning by Walmart itself, citing Vizio’s SmartCast as accounting “for the majority of the company’s growth in the last five years.”