Chinese tech company LeEco acquires US TV brand Vizio for $2 billion

LeEco

LeEco Group from China has officially announced that it is about to acquire Vizio Inc. The former will pay $2 billion in cash to buy the latter. LeEco is one of the largest technology and entertainment company in China, and Vizio is a manufacturer of consumer electronic based in the USA. This deal will give LeEco … Read more