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The company's streaming devices aren't quite keeping up with competitors in several important categories.

Fox said it will buy Roku for $160 per share in a cash-and-stock deal that it expects to complete in the first half of 2027.

Fox, the owner of the news and sports networks, said it has reached a deal to acquire Roku for about $22 billion in enterprise value.

Lachlan Murdoch calls the $22 billion Roku acquisition a defining moment for FOX, pairing live sports and news with America's top streaming platform.

If the TV video streaming pioneer is on the block, let's see who might walk away with the platform serving more than 100 million homes.

Can the most popular tech company compete with the most popular streaming platform? Here's how the two stack up.

Fox CEO Lachlan Murdoch said on Monday that the Roku acquisition marks a "defining moment" for the company.

Fox Corporation has agreed to buy Roku Inc. for $160 per share, an approximate enterprise value of $22 billion, the firms announced today.

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