Last year, the Chinese electronics company LeEco announced plans to acquire the popular television brand Vizio for around $2 billion. Today, the two companies said they’re calling the merger off, blaming “regulatory headwinds.” [More]
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New Vizio Owner LeEco Is In The Ecosystem Business, Not The Gadget Business
By 7.28.16
Earlier this week, TV-maker Vizio announced that it had been acquired by the Chinese company LeEco. “Who?” you might have said. Even people in China would have said the same thing until a few years ago, but now the company is a conglomerate that sells streaming video and smartphones, and electric cars. [More]
Vizio Sells To Chinese Streaming Company, Spins Off Data-Mining Operation
By 7.26.16
Have you ever heard of LeEco? Most people in this country hadn’t until today, when we learned that familiar television brand Vizio announced that it’s been acquired by the brand. The deal may mean more streaming content bundled in smart TV sets, and the spin-off of a separate company dedicated to mining data about what customers watch. [More]
