Roku quietly acquired Danish audio startup Dynastrom for $3.5 million in Sep according to a regulatory filing spotted yesterday by variety. The filling does not expressly refer to Dynastrom by name but refers to a privately held technology company based in Denmark. variety scanned LinkedIn and found more Dynastrom staff, including its CTO and Chief Executive Officer, had joined Roku back in Sep. The filing states that the acquisition was to “enhance the company’s player product offering” and is that the best proof yet that Roku is jumping into intelligent multi-room home audio in the not too distant future.
Dynastrom is an audio company that produces software which will be integrated into loudspeaker system hardware in order to stream music throughout the house over standard Wi-Fi. variety had earlier reported that Roku was working on far-field voice control — a feature found on voice-controlled smart speakers just like the Amazon Echo — and was busy hiring employees into a “center of audio excellence”.
Roku presently makes some of the best streaming devices for video content. in a previous filing to the SEC, aforesaid it needed to be the “streaming platform that connects the whole TV ecosystem.” This acquisition seems to be a step towards that goal. Roku’s IPO in Sep valued the corporate at $2 billion.