Los Angeles Times

Video streaming pioneer Roku aims to raise up to $252 million with IPO

Roku Inc., the leading maker of devices for streaming internet video on televisions, hopes to raise up to $252 million with an initial public stock offering.

The Los Gatos, Calif., company's IPO registration filing Monday came the day after the growing popularity of streaming video platforms such as Netflix was evident at the Emmy Awards, where series exclusive to the platforms captured

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