Sponsored By

Angry Birds creator Rovio has refused to rule out an IPO, and has infact suggested it might go public in the future.

Chris Kerr, News Editor

June 16, 2017

1 Min Read

Angry Birds creator Rovio has refused to rule out an IPO, and has in fact suggested it might go public in the future. 

This is notable because Rovio was responding to rumors that sprang up yesterday, when tech news site The Information reported Tencent might purchase the Finnish studio for $3 billion, and that Rovio might also be mulling an IPO. 

In response to that story, Rovio issued a statement to Reuters explaining "a stock exchange listing at some point in the future could be possible in order to support he continued strong growth of Rovio and its strategic targets."

"We and our shareholders regularly assess different alternatives to further develop Rovio," continued the statment. "However, Rovio and its owners have not made any decisions regarding a possible IPO."

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

Daily news, dev blogs, and stories from Game Developer straight to your inbox

You May Also Like