In a surprising announcement, Walmart announced today a definitive agreement to acquire VUDU, Inc., a leading provider of streaming digital technologies and services that enable the delivery of entertainment content directly to broadband high-definition TVs and Blu-ray players. The deal is expected to close within the next few weeks. VUDU's service, built into a growing number of broadband-ready TVs and Blu-ray players, delivers instant access to thousands of movies and TV shows directly through the television.
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