Sonos IPO Filing Turns Up The Volume In Hot Market For Smart Speakers

Sonos, a maker of high-end wireless speakers for the home, filed for an initial public offering Friday in a move that is expected to further stimulate an already booming market.

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The Sonos IPO filing did not specify the amount of shares to be offered or price, but is expected to draw attention. The smart-speaker market remains in the early stages, pioneered by Amazon.com (AMZN) with its Echo line of smart speakers voiced by Alexa. Amazon leads the market, followed by the Google Home product...

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