Angry Birds IPO approaching to value primogenitor Rovio during $1 billion


Remember Angry Birds? Well, apparently adequate people are still personification it to clear an IPO.

Rovio Entertainment, a Finnish primogenitor of a renouned smartphone game, is removing prepared to go open on a Helsinki Nasdaq in dual weeks. And it’s set a cost operation for an IPO that would value a association during about $1 billion, a lot reduction than a some-more than $2 billion they were pronounced to be anticipating for. 

But it will still be a “unicorn” if it goes open during a €10.25 to €11.50 per share that a association is targeting. The IPO will lift about €30 million.

Angry Birds apps have been downloaded 3.7 billion times given it was launched in 2009. It was means to precedence a success of a diversion and spin this into “The Angry Birds Movie” final year.

The association has lifted during slightest $42 million in equity appropriation from Accel, Atomico, Felicis Ventures and others. 

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Posted by on Sep 15 2017. Filed under NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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