Wal-Mart to buy Vudu

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IPTV meets Brick and Motar: Wal-Mart is about to buy the Set-Top-Box start-up Vudu. 

Vudu is a Santa Clara, California based online movie service and is backed by Silicon Valley venture capital firms that include Benchmark Capital and Greylock Capital.  Vudo had been building set-top-boxes but change to a streaming media service loops herunterladen.

It is estimated that Wal-Mart will be paying $100 million dollars for the Vudu company.

Vudu’s chief executive is Alain Rossmann, a co-founder and former Apple executive. 

Vudu ‘s competitors include Netflix, Amazon Video On Demand, and Apple TV/iTunes lieder herunterladen laptop.

This acquisition may mark the beginning of the "next-phase" of on-line video streaming and movie rentals.