Sunday, March 27

This IPO will be for the birds... Angry birds

NEW YORK Rovio, the developer of the angry birds mobile game, said that it would try an initial public offering in the United States.

"The plan is, find an IPO in New York, but the specific timing and details are still open,", said spokesman Ville Heijari Rovio in an e-Mail Friday.

On 10 March, told Finland-based Rovio $42 million from investors and named Skype co-founders Niklas Zennstrom caused to his Board.

Angry birds help players to destroy birds to pigs who stole their eggs, with the help of a Sling. Rovio said 40 million monthly active users playing the game.

The original angry birds game Chillingo, appeared a mobile game company, which was acquired by electronic arts in October for more than 20 million dollars in bar and other unnamed considerations.

Mobile and social games are the fastest growing segments of the video game industry. Company Gartner Research expects global revenues from mobile gaming, segment, 19 percent to more than $5.6 billion contains the games for smartphones, to rise this year, while it grow to $11.4 billion in the year 2014 is forecast.

Rovio's-Chairman, said first about the plans in an interview with Talouselama, a business magazine in Finland.

Copyright 2011 Thomson Reuters.

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