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Vizio is known for selling its HDTVs at lower prices than its competitors. [4] In late 2014, Vizio acquired Advanced Media Research Group, Inc., the parent of entertainment website BuddyTV. [11] On July 24, 2015, Vizio filed with U.S. regulators to raise up to $172.5 million in an initial public offering of Class A common stock. [12] [13]
When V Inc. was found to be hard to pronounce, he renamed the company VIZIO Inc. [2] – the name used for their plasma TV. The company is now one of the largest sellers of LCD HDTVs in North America with a multibillion-dollar revenue.
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