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
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.
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
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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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]](http://25.media.tumblr.com/tumblr_lzhpzmBCr01qz5ew6o1_1280.jpg)