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Wal-Mart buys Web video company Vudu

February 22nd, 2010

Wal-Mart Stores is taking another swing at the online movie business with the acquisition of Vudu. The retail giant announced the deal on Monday following widespread speculation that an acquisition would be coming soon. Financial terms were not disclosed. Vudu has developed software that is built into TVs and Blu-ray players and lets users rent [...]

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