Angry Birds studio wants to be 'as big as Disney'

Rumour: ‘Rovio eyes Hong Kong IPO’

Finnish studio Rovio is targeting an initial public offering on the Hong Kong stock exchange within the next two years, according to reports.

Finnish newspaper Tekniikka & Talous (via Reuters) has claimed that Angry Birds chief Peter Vesterbacka wants to be as big as Disney, which values its shares at $65.3 billion.

"That is the target. There is no reason why we should not be able to build a company of that size," said Vesterbacka.

He also reportedly said that Rovio’s 2011 revenues would be around $100 million, up on $10 million in the previous year.

Vesterbacka recently told Bloomberg that the App Store games giant could go public on the New York stock exchange in 2012.

Angry Birds was released on iOS in December 2009, and his since then become a global sensation, garnering over half a billion downloads and selling more than ten million Angry Birds toys.

About MCV Staff

Check Also

hum [Industry news] Human Fall Flat Celebrates 10 Year Anniversary Alongside 60 Million Players

[Industry news] Human Fall Flat Celebrates 10 Year Anniversary Alongside 60 Million Players

Developer No Brakes Games and publisher Curve Games are today celebrating the 10 year anniversary of beloved physics platformer Human Fall Flat with the launch of a special celebratory anniversary level available for free on PC today. Packed with nostalgia and hidden secrets, the new level invites players to relive iconic moments and classic environments from the game.