Rovio, Angry Birds Maker, Valued at $1 Billion in I.P.O.
RisingWorld
2017-09-29
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Rovio, Angry Birds Maker, Valued at $1 Billion in I.P.O.
Rovio Entertainment, the company behind the Angry Birds empire
that encompasses video games, films and merchandise, was valued at about $1 billion as it prepared to go public on Friday.
The pricing of its shares equates to a market capitalization of 896 million euros, or
about $1 billion, when Rovio begins initial trading on Nasdaq Helsinki on Friday.
Angry Birds merchandise is widely available, and a sequel to the original Angry Birds film is slated for release in 2019.
Rovio helped usher in the rise of smartphone games, with the release of the original Angry Birds in 2009.
Rovio Entertainment, the company behind the Angry Birds empire
that encompasses video games, films and merchandise, was valued at about $1 billion as it prepared to go public on Friday.
The pricing of its shares equates to a market capitalization of 896 million euros, or
about $1 billion, when Rovio begins initial trading on Nasdaq Helsinki on Friday.
Angry Birds merchandise is widely available, and a sequel to the original Angry Birds film is slated for release in 2019.
Rovio helped usher in the rise of smartphone games, with the release of the original Angry Birds in 2009.
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