According to people with knowledge of the matter, CE manufacturer Vizio is reportedly in talk with banks regarding an initial public offering, which could take place this year. The company was founded in 2002 and has become known for its affordable televisions. It has also branched out to computers, smartphones and tablets. “Vizio has more than $1 billion in revenue, one of the people said, a threshold that precludes it from filing confidentially under the Jumpstart Our Business Startups Act,” reports Bloomberg. “The company is also profitable.” Action cam startup GoPro raised $491 million in its IPO last year. Fitbit Inc. filed for an IPO this month.