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Angry Birds maker Rovio Entertainment said sales jumped tenfold to $100 million last year as gamers flocked to download its titles, adding business was now strong enough for a stock market listing.
The Finnish startup making Angry Birds games — in which players use a slingshot to attack pigs who steal the birds’ eggs — has been valued by analysts at up to $9 billion, just short of that of struggling world No.2 phonemaker Nokia.
Rovio said on Monday its finances were good enough for a listing after revealing a highly profitable 2011 in its first public disclosure of business results and forecast a bumper year ahead.
Rovio, originally founded in 2003, became a global phenomenon after it launched Angry Birds for Apple’s iPhone in late 2009.
READ MORE: Angry Birds maker eyes IPO golden egg
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Angry Birds maker Rovio Entertainment said sales jumped tenfold to $100 million last year as gamers flocked to download its titles, adding business was now strong enough for a stock market listing.

The Finnish startup making Angry Birds games — in which players use a slingshot to attack pigs who steal the birds’ eggs — has been valued by analysts at up to $9 billion, just short of that of struggling world No.2 phonemaker Nokia.

Rovio said on Monday its finances were good enough for a listing after revealing a highly profitable 2011 in its first public disclosure of business results and forecast a bumper year ahead.

Rovio, originally founded in 2003, became a global phenomenon after it launched Angry Birds for Apple’s iPhone in late 2009.

READ MORE: Angry Birds maker eyes IPO golden egg

    • #angry birds
    • #games
    • #videogames
    • #technology
    • #business
    • #ipo
    • #initial public offering
    • #news
    • #rovio
  • 1 year ago
  • 41
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Kudos to our friends at the New York Times for building this highly-entertaining and addictive game. Try it out by blowing up some of their articles here.
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Kudos to our friends at the New York Times for building this highly-entertaining and addictive game. Try it out by blowing up some of their articles here.

    • #new york times
    • #game
    • #omg
    • #news
    • #journalism
    • #tumblr
    • #ny times
    • #angry birds
    • #video game
    • #online game
    • #gaming
  • 1 year ago
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The maker of the hit mobile game Angry Birds has struck a deal with Wal-Mart to embed clues to a new version of the game in merchandise sold in Wal-Mart stores, hoping to drive Angry Birds fans into the stores, and shoppers to the game.
The world’s biggest retailer will stock limited-edition T-shirts, soft toys and snacks containing clues that unlock bonus levels of Angry Birds Space, which will be available in app stores from Thursday.
Rovio, the Finnish start-up behind the world’s most downloaded mobile game, has ambitions to become a global entertainment brand. Its marketing chief told Reuters on Tuesday it was teaming up with a major U.S. retailer.
Read more: Wal-Mart to offer Angry Birds merch, clues
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The maker of the hit mobile game Angry Birds has struck a deal with Wal-Mart to embed clues to a new version of the game in merchandise sold in Wal-Mart stores, hoping to drive Angry Birds fans into the stores, and shoppers to the game.

The world’s biggest retailer will stock limited-edition T-shirts, soft toys and snacks containing clues that unlock bonus levels of Angry Birds Space, which will be available in app stores from Thursday.

Rovio, the Finnish start-up behind the world’s most downloaded mobile game, has ambitions to become a global entertainment brand. Its marketing chief told Reuters on Tuesday it was teaming up with a major U.S. retailer.

Read more: Wal-Mart to offer Angry Birds merch, clues

    • #merchandise
    • #angry birds
    • #business
    • #games
    • #video games
    • #news
    • #walmart
    • #wal mart
  • 1 year ago
  • 6
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producermatthew:

Following Path and Twitter, some other big names in mobile applications are coming under fire for scanning and possibly storing address book information from a user’s phone. Those names, as The Daily reports, includes Facebook, Instagram and Angry Birds. [The Daily]
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producermatthew:

Following Path and Twitter, some other big names in mobile applications are coming under fire for scanning and possibly storing address book information from a user’s phone. Those names, as The Daily reports, includes Facebook, Instagram and Angry Birds. [The Daily]

    • #facebook
    • #instagram
    • #path
    • #the daily
    • #tech
    • #news
    • #instapaper
    • #linkedin
    • #twitter
    • #yelp
    • #angry birds
    • #dragon
  • 1 year ago > matthewkeys
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