Angry Birds maker to go public
The makers of the massively popular Angry Birds selection of games, Finnish app and animation studio Rovio, has today stated that it may be looking at a stock exchange listing in the near future.
The company is currently the subject of takeover speculation with various media reporting that China’s Tencent Holdings may well be interested in an acquisition of the company. A report featured on tech news site The Information, suggests that Tencent may be considering a bid in the region of $3 billion.
That $3 billion price tag would reflect the truly global phenomenon that has been Angry Birds. Since the launch of the very first Angry Birds app in December 2009, the video game franchise has grown to include cartoons, films, activity books, cook books, and a portfolio of in excess of 18 games and spins offs available across almost all gaming platforms.
With the levels of goodwill attached to the brand, plus a seemingly solid pipeline of future developments, it may well be that an IPO is the way to go for Rovio.
“A stock exchange listing at some point in the future could be possible in order to support the continued strong growth of Rovio and its strategic targets. However, Rovio and its owners have not made any decisions regarding a possible IPO,” Rovio said, according to Reuters.