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Read more with google mobile : Angry Birds developer plans IPO in New York |

Edition: U.S. Article Comments (0) Follow Reuters Angry Birds developer plans IPO in New York Tweet Share this By Liana B. Baker and Alina Selyukh NEW YORK (Reuters) - Rovio, the developer of the Angry Birds mobile game, said it would seek an initial public offering in the United States. "The plan is to seek an IPO in New York, but the specific timing and... Email Print Related News UPDATE 7-GM CFO leaves in latest turnover at top Thu, Mar 10 2011 Angry Birds creator Rovio raises $42 million Thu, Mar 10 2011 Papandreou says lower EU loan rate would be decisive Thu, Mar 10 2011 Exclusive: Chrysler refinancing talks advance, sources say Fri, Mar 4 2011 RPT-WRAPUP 10-Rebels push west, doubt over Chavez's Libya plan Thu, Mar 3 2011 Analysis & Opinion UK financial regulatory changes sharpen accountability of senior managers Obama celebrates Irish heritage on St. Patrick’s Day Related Topics Technology » Deals » Media » Rovio Chief Executive Mikael Hed stands in front of an Angry Birds poster at his company's offices in Helsinki August 16, 2010. Credit: Reuters/Georgina Prodhan By Liana B. Baker and Alina Selyukh NEW YORK | Fri Mar 18, 2011 11:01am EDT NEW YORK (Reuters) - Rovio, the developer of the Angry Birds mobile game, said it would seek an initial public offering in the United States. "The plan is to seek an IPO in New York, but the specific timing and details are still open," said Rovio spokesman Ville Heijari in an email on Friday. On March 10, Finland-based Rovio said it had raised $42 million from investors and named Skype co-founder Niklas Zennstroem to its board. Angry Birds has players help birds destroy pigs who stole their eggs, with the help of a slingshot. Around 40 million monthly active users play the game, Rovio has said. The original Angry Birds game was published by Chillingo, a mobile game company that was acquired by Electronic Arts in October for more than $20 million in cash and other undisclosed considerations. Mobile and social games are the fastest growing segments of the video game industry. Research firm Gartner expects global revenue from mobile gaming, the segment that includes games for smart phones, to rise 19 percent to more than $5.6 billion this year, while it is forecast to grow to $11.4 billion in 2014. Rovio's board chairman first told about the plans in an interview with Talouselama, a business magazine in Finland. (Additional reporting by Jussi Rosendahl in Helsinki, editing by Dave Zimmerman) Technology Deals Media Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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