rovio | Pixr8 News

Finnish mobile game and animation studio Rovio, maker of the Angry Birds game, said it could list on the stock exchange in the future, while declining comment on a media report that China's Tencent Holdings was looking to acquire the company. Technology news site The Information, citing unnamed sources, reported that Tencent was exploring a possible $3 billion bid for Rovio and also said Rovio may consider an IPO. "We and our shareholders regularly assess different alternatives to further develop Rovio," the company said in an emailed statement on Friday when asked about The Information report. "A stock exchange listing at some point in the future could be possible in order to support the continued strong growth of Rovio and its strategic targets. However, Rovio and its owners hav...

Video game maker Activision Blizzard will buy "Candy Crush Saga" creator King Digital Entertainment for $5.9 billion, as the heavyweight of console and PC-gaming makes a major push into the faster-growing mobile market. The deal is one of the biggest in the industry in recent years, more than twice the size of Microsoft Inc's $2.5 billion purchase of "Minecraft" maker Mojang last year, and the biggest-ever acquisition of a mobile gaming company. The failure of Dublin-based King to replicate the success of Candy Crush with follow-up titles such as "Farm Heroes" and "Pet Rescue" has led some investors to think it may be a one-hit wonder. But Activision, whose shares were down 0.5 percent at $34.43 in early trading, is betting that its experience in sustaining long-running blockbuste...

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Angry Birds Maker Rovio Says IPO Possible in Future Amid Acquisition Rumors

Activision Blizzard buys ‘Candy Crush’ maker in mobile push