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Sonos files for an IPO

Now we know many investors love IPOs, especially one with a recognizable brand. So this would should be music to their ears. High-end wireless speaker company Sonos has filed for an IPO as it continues to compete with rivals like Amazon's Echo and Google Home.

In the filing the company said it 'is dependent on a number of technology partners for the development of our products, some of which have developed or may develop and sell voice-enabled speaker products of their own.