Roku Eyes IPO
Roku is seeking to go public, according to a Wall Street Journal report over the weekend.
The streaming-device maker is working with investment banks and may be seeking up to $150 million in the IPO, the report said. Timing for the IPO is unclear.
Roku made the first streaming box to carry Netflix, which was released in 2008. The company has since expanded to streaming dongles and even Roku-branded TVs, while carrying hundreds of channels in addition to Netflix.