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Roku Plans to Raise $100 Million in Its IPO

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Photo via Intel Free Press on Wikimedia Commons under the Creative Commons License

Inc. reports: “Roku has made official what’s been rumored: It wants to go public. The digital media player maker publicly filed its S-1 with the Securities and Exchange Commission on Friday — the first big step for a company seeking an initial public offering (IPO) of its shares. The company plans to list shares on the Nasdaq stock exchange under the ticker ‘ROKU.’ Roku sells inexpensive boxes that allow consumers to stream Netflix, YouTube and other streaming video services to their televisions. It also offers its software to other consumers electronics makers that want to use it as the interface for their smart TVs.”

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