LeEco reportedly interested in investing in Vizio

US-based LCD TV vendor Vizio will buy back 2.435 million common shares of its stock from Taiwan-based ODM AmTran Technology, with the buyback possibly intended to introduce new strategic shareholders, and China-based online video/audio service provider LeEco (formerly LeTV) is reportedly interested in investing in Vizio, according to industry sources.

from DIGITIMES: IT news from Asia http://ift.tt/1qOeu7J
via Yuichun