What Happened?
Irvine, CA-based Vizio hired Matthew McRae as CTO.
About the Company
Vizio is an American privately held producer of consumer electronics, based in Irvine, California, USA. It was founded in October 2002 as V Inc. and is best known as a producer of affordable flat screen televisions. Vizio, Inc. offers flat panel televisions. The company`s products include plasma and LCD televisions, LED and LCD high definition (HD) TVs, Internet apps, home theater, and 3D TVs, PCs, and accessories, such as handheld TVs, wireless routers, cables, wall mounts, remotes, cleaners, HD multimedia displays, furniture, and glasses. It also offers wireless HD audio products, HD Blu-ray DVD players, wireless HD Internet routers, HD personal home theater headphones, stream players, sound bars with wireless subwoofer, and TV video cameras. Vizio, Inc. has a strategic relationship with Technicolor SA. The company was formerly known as V, Inc. and changed its name to Vizio, Inc. in April 2007. Vizio, Inc. was founded in 2002 and is based in Irvine, California. Vizio has done for HDTVs what Dell did for PCs and Southwest Airlines did for air travel: sell them for less. The company sells low-cost flat panel and plasma LCD HDTVs. It competes head-to-head with Japan`s Sonyand Samsung, its products, however, are made in China and Taiwan. Vizio has logged large annual revenue gains by selling quality televisions for hundreds, if not thousands, of dollars less than its competitors. The company was founded by CEO William Wang in 2002 and, initially, its TVs were only sold at membership retailers such as Costco Wholesale, BJ`s Wholesale Club, and Sam`s Club. Since then it has extended its reach to discount retailers Wal-Mart and Sears. Vizio entered the PC arena in 2012.
About the Person
Matthew McRae is Chief Technology Officer at Vizio. Previously, Matthew held various senior IT leadership roles in the industry.
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