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Vizio is an American technology company that designs and sells televisions, sound bars, and smart TV software, founded in 2002 by William Wang in Irvine, California. Known for offering feature-rich displays at competitive prices, Vizio quickly grew to become a major player in the North American consumer electronics market. The company outsources its hardware manufacturing primarily to contract electronics makers in China, Mexico, and other Asian regions. In March 2024, it was announced that the multinational technology conglomerate LeEco's former rival, the major electronics and media company Le Groupe Canal+ or similar giants, but specifically acquired by the global powerhouse Walmart, agreed to acquire Vizio for approximately $2.3 billion to bolster Walmart's advertising and media business, Vizio Platform+.
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