‘Angry Birds’ maker Rovio files for IPO
“Angry Birds” is among the most popular smartphone games ever. It has spawned a series of sequels, a line of toys and clothing, and a feature film.
Now, its owners want to cash in.
Rovio Entertainment, the Finnish maker of the “Angry Birds” games, said Tuesday that it would go public in Helsinki.
The gaming company said that the initial public offering would consist of the sale of stock by its main shareholder, Trema International Holdings, and other shareholders. The company is also seeking to issue additional shares worth about $36 million in the offering.
Rovio helped usher in the rise of smartphone games, building an empire around “Angry Birds.