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Internet TV company Roku hires banks for 2017 IPO -sources
Internet television company Roku has hired investment banks to lead an initial public offering that could come later this year as it aims for a valuation of more than $1 billion, sources familiar with the matter said. An IPO will test investor's reception to Roku, the brainchild of digital video recorder inventor Anthony Wood that was a pioneer in helping consumers cut the cord from traditional cable.