Vudu Convinces Wal-Mart to Pay Up: Why an Also-Ran Web Movie Service Sold For More Than $100 Million

Because Vudu’s management has convinced Wal-Mart that its video compression technology is something special, people familiar with the transaction tell me. Apparently others thought so, too: Vudu was able to attract multiple bidders. I’ve heard, but haven’t been able to confirm, that one of them was Cisco (CSCO).