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Gizmodo

Roku Abandons Its Smart Home Ambitions

Sounds like the smart home revenue wasn't streaming.

By Gizmodo

Excerpt shared by Lazyfounder

·Excerpt
Roku Abandons Its Smart Home Ambitions
Image: A Roku Battery Camera © Kyle Barr / Gizmodo

Roku is ditching its smart home business after just four years. That’s according to freelance journalist Janko Roettgers, who reports in his Lowpass newsletter today that the company has confirmed the exit.

A Roku spokesperson told Roettgers Roku will wind down sales of its smart home hardware and focus on “being the top streaming platform.” Roku will continue supporting the products and their associated services, the spokesperson told Roettgers. Most of the…

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