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September 27, 2017 11:52 pm GMT
Digital streaming business Roku has priced its IPO at $14 per share, raising close to $220 million. This values the company at about $1.3 billion. This is good news for Roku, which had proposed a range of $12 to $14.Earlier reports suggested that the company had been targeting a $1 billion market cap. Roku is in the cord-cutting business. The company’s digital streaming players… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XRr0XPOdvNU/
Roku prices IPO at $14, valuing company at $1.3 billion
Digital streaming business Roku has priced its IPO at $14 per share, raising close to $220 million. This values the company at about $1.3 billion. This is good news for Roku, which had proposed a range of $12 to $14.Earlier reports suggested that the company had been targeting a $1 billion market cap. Roku is in the cord-cutting business. The company’s digital streaming players… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/XRr0XPOdvNU/
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