Roku Inc., the maker of set top boxes that connect TVs to the Internet, is weighing an initial public offering in the U.S. this year, according to people with knowledge of the matter.
A decision hasn’t been made, and the Saratoga, Calif.-based company hasn’t selected a lead banker, said the people, who requested anonymity because the discussions are private. Roku recently spoke with banks about the possibility of an IPO, one person said.
A Roku spokesman declined to comment.
The Roku player takes Internet videos, such as from Netflix and Amazon.com Inc., and streams them to TV sets.
Business, Pages 28 on 02/22/2014