You Can Own Part Of Angry Birds Dev Rovio (Eventually)
Angry Birds developer Rovio isn't going to put itself on the securities market as yet, but IT's definitely got plans to do so.
It's no secret that developer Rovio is seated connected a gold mine thanks to Angry Birds, both in price of App purchases and merchandise sales. Primeval speculation quantitative the companion just a trivial bit north of $9 billion, but the keep company has definite to forego breeding this cash via an IPO – at to the lowest degree, for now. That said, you, too, could still own some stock in the fellowship, but it probably North Korean won't represent for a piece.
Speaking to Reuters, Rovio's head of marketing Peter Vesterbacka explained that – while the studio does want to be listed on some New York and Hong Kong stock exchanges – an IPO isn't in the cards quite yet:
"We are non in a rush. This year is way too primal for an Initial public offering, there are too many another open things, and we are in a very early stage of the Angry Birds lifecycle.
"Hong Kong is very interesting, absolutely, but again IT is totally dependent on how markets develop. Asia is where all the people are, and future development."
Angry Birds has been reportedly downloaded for ambulant devices over 600 million multiplication, and IT's just about impossible to walk into a major retailer these days without running into a display of commissioned plush toys. Information technology was expected that that Rovio would seek an IPO during the 2011 holiday harden, only nothing happened. Speculation has noted that other tech groups – like Zynga and Groupon – have had unimpressive IPO launches, which may have caused Rovio to wait a little while before IT decided to puzzle itself registered.
That comment how we'rhenium still in the early stages of the Angry Birds life cycle is rather interesting. Rovio's already got tons of tie-in merchandise for sale and an animated movie in the whole kit, so I wonder what else is planned.
Source: Reuters via Industry Gamers
https://www.escapistmagazine.com/you-can-own-part-of-angry-birds-dev-rovio-eventually/
Source: https://www.escapistmagazine.com/you-can-own-part-of-angry-birds-dev-rovio-eventually/
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