Retail giant Wal-Mart agreed on Monday to purchase VUDU, a streaming movie rental service.

Retail giant Wal-Mart agreed on Monday to purchase VUDU, a streaming movie rental service.

VUDU, once a creator of set-top boxes, now only packages their software with televisions and Blu-ray decks, partnering with companies such as Toshiba, Samsung and LG to name a few.  A good move for both companies, as Wal-Mart comes in second to other stores such as Best Buy in sales of Internet-connected TVs. VUDU's general visibility was also lacking due to lack of marketing, which should be helped greatly by this latest move.

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