• TechCrunch, Friday, February 10, 2017 10:37 AM

Earlier this week smart TV maker Vizio settled an FTC charge for nefariously collecting data from its customers, but that isn’t deterring China’s LeEco from completing a $2 billion acquisition of the company. Back in July 2016, LeEco announced a surprise $2 billion deal to buy Vizio and thus further expand its business empire, which already covers video streaming, mobile phones and a controversial smart car project. News of this week’s settlement — based on Vizio secretly collecting viewing data and selling it to third parties — was seen as a potential deal-breaker, but LeEco has denied that is the case. “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 company initially declined to comment when the FTC settlement was announced.

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