The News
The News
Tuesday 28 of September 2021

Angry Birds Maker Rovio Plans Initial Public Share Offering

A plushie of Red, from the
A plushie of Red, from the "Angry Birds" mobile game,photo: Pexels
Rovio Entertainment, based in Espoo, Finland, didn't give an estimated share price or company value

COPENHAGEN – Rovio Entertainment, the Finnish maker of “Angry Birds” and other popular mobile games, says it plans an initial public offering and a listing of its shares on the Helsinki stock exchange.

Chief Executive Kati Levoranta says the company “is stronger than ever” and well-positioned in the fast growing mobile gaming market with a diversified games portfolio.

Levoranta added Tuesday that recent launches — “Angry Birds Evolution,” “Battle Bay” and “Angry Birds Match” — have been doing well. He called the share listing “an important milestone in developing Rovio into an even stronger games-first entertainment company.”

The company, based in Espoo, Finland, didn’t give an estimated share price or company value.