Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday October 25, 2014

Roku Could File for IPO Soon, Raise as Much as $150 Million

Roku, the little box and dongle that has been a savior to the cord-cutters and a curse on cable companies, looks to be posturing to go the IPO route in the near future according to a report from the Wall Street Journal.

Roku is facing increased competition from Google and Amazon, and it will have to prove to investors that the company can still grow its traditional device business, and score in the TV space, even as it competes with Chromecast, Fire TV and Android TV.