Wilson Sonsini Advises VIZIO on $2.3 Billion Acquisition by Walmart

Client Highlights

February 20, 2024

On February 20, 2024, Walmart and VIZIO announced that they have entered into an agreement for Walmart to acquire VIZIO for $11.50 per share in cash, for an equity value of approximately $2.3 billion. Wilson Sonsini Goodrich & Rosati advised VIZIO on the transaction.

Walmart's acquisition of VIZIO and its SmartCast Operating System is expected to provide innovative television, in-home entertainment, and media experiences to its customers, while also offering new advertising opportunities for brands. The integration is set to enhance Walmart's media business in the U.S., known as Walmart Connect, combining it with VIZIO's ad solutions to amplify its reach and capabilities.

The Wilson Sonsini team that advised VIZIO on the transaction includes:

Corporate
Rezwan Pavri
Mark Bass
Courtney Matteson
Matt Maricic
Partha Vora

M&A
Marty Korman
Doug Schnell
Remi Korenblit
Ross Tanaka
Kaleigh Hawkins-Schulz
Dennise Martinez
Cindy West
Matt Katona

Employee Benefits and Compensation
Scott McCall
Mark Cornillez-Ty
Jason Chan

Technology Transactions
Barath Chari
Vikki Nguyen
Emily Chan
Rodrigo Valle
Waen Vejjajiva
Sarah Syed
Regina McLeod
Graham Hendrick
Ariel Friedman
Chris Murray
Kristin Bradley
Kristina Wang
Jon-Paul Berexa
Whitman Shaw
Jonathan Ye
Allegra Sachs
Dena Smith
Ben Hawkins
Stephanie Stark