You can soon buy stock in Santa Barbara-based speaker company Sonos

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Sonos, a high-end, wireless speaker company based in Santa Barbara, is hitting the stock market. The company expects to raise more than $250 million dollars in its initial public offering - set for next week. But, Sonos faces some fierce competition. Smart technology has taken off in the past few years, with new voice-activated speaker products by big names like Amazon, Google, and Apple.

Credits

Guest:
Maureen Farrell - reporter, Wall Street Journal - @maureenmfarrell

Host:
Jonathan Bastian

Producer:
Kathryn Barnes