Vizio Suing LeEco to Collect $100M Buyer-Termination Fee

In July of last year, LeEco announced its intention to acquire US-based Vizio for a cool $2 billion. Due to “regulatory headwinds,” the deal fell through in April of this year, but it sounded as if LeEco and Vizio would work together on a joint distribution...

LeEco to Acquire Vizio For $2 Billion

LeEco, formerly known to most Android folk as Letv, has reached a deal to acquire Vizio for $2 billion. LeEco's interests go way beyond that of just smartphones, but the company has yet to really push into the US market. In China and other markets outside the...