LeEco is in the process of buying Vizio in a deal which is worth $2 billion, yesterday the FTC fined Vizio about $2.2 million for privacy violations.
It looks like this will not affect the acquisition as TechCrunch has spoken to LeEco and received the following statement.
“LeEco is committed to the Vizio deal and it is priority for us, the process is on the right track, please stay tuned,” a spokesperson told TechCrunch.
The deal will need to be approved by the US regulators before it goes ahead, as yet there are no details on when the acquisition is expected to be completed.
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