M&A Deal Summary

Walmart Acquires VIZIO

On February 20, 2024, Walmart acquired electronics company VIZIO for 2.3B USD

Acquisition Highlights
  • This is Walmart’s 1st transaction in the Electronics sector.
  • This is Walmart’s 5th largest (disclosed) transaction.
  • This is Walmart’s 15th transaction in the United States.
  • This is Walmart’s 5th transaction in California.

M&A Deal Summary

Date 2024-02-20
Target VIZIO
Sector Electronics
Buyer(s) Walmart
Deal Type Add-on Acquisition
Deal Value 2.3B USD

Target

VIZIO

Irvine, California, United States
website
VIZIO is a consumer electronics brand in North America. The Company is focused on delivering the ultimate home entertainment experience through its ecosystem of hardware, software and services. VIZIO was founded in 2002 and is based in Irvine, California.

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Buyer(S) 1

Buyer

Walmart

Bentonville, Arkansas, United States

website


Category Company
Founded 1945
Sector Retail
Employees2,100,000
Revenue 611.3B USD (2023)
DESCRIPTION
Entrance to Walmart's corporate campus in Bentonville, Arkansas.
Entrance to Walmart's corporate campus in Bentonville, Arkansas.

Walmart is a discount retailer with operations across the globe. Walmart operates Wal-Mart Stores, Supercenters, Neighborhood Markets and SAM?S CLUBS in the US. Internationally, the company operates in Puerto Rico, Canada, China, Mexico, Germany, United Kingdom, Argentina, and South Korea. Walmart was formed in 1945 and is based in Bentonville, Arkansas.


DEAL STATS #
Overall 22 of 22
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 17 of 17
State (California) 5 of 5
Country (United States) 15 of 15
Year (2024) 1 of 1
Size (of disclosed) 5 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-21 Eloquii

Columbus, Ohio, United States

Eloquii is a digitally native vertical brand that offers fashion and on-trend apparel starting at size 14 exclusively through its website and select wholesale accounts. The company offers on-trend, fast-fashion clothing and adds fresh, new runway-inspired styles. It introduces new collections and influencer collaborations regularly. Eloquii is based in Columbus, Ohio.

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