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Angry Birds maker Rovio says IPO possible in future

Angry Birds maker Rovio says IPO possible in future

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.

Angry Birds maker to slash jobs

Angry Birds maker to slash jobs

Rovio on Wednesday announced to cut a total of 213 employees, over 30 percent of its 670 staff. A total of 198 jobs will be slashed in Finland and 15 abroad, reported Xinhua.

Angry Birds maker Rovio plans deep job cuts, profits seen falling

"Fundamental changes are needed to ensure Rovio succeeds in its global ambitions to be the leading entertainment company with mobile games at its heart," Rovio CEO Pekka Rantala said in a statement.

Angry Birds maker bets on animated movie as profit drops

Rovio said total sales fell 9 percent last year to 158.3 million euros ($169 million), although revenue from mobile games grew 16 percent to 110.7 million on the back of new offerings.

Angry Birds maker Rovio says profit fell 73% in 2014

Mobile games maker Rovio reported its operating profit fell 73 percent last year due to a drop in its licensing business, a latest sign its breakthrough Angry Birds brand is losing its appeal.

Angry Birds maker Rovio to cut 110 jobs

Rovio announced a plan to cut up to 130 jobs in October, saying growth had not been as strong as expected.

Angry Birds maker Rovio names new CEO

Finland`s Rovio, the maker of the Angry Birds mobile game, said it has hired Pekka Rantala from beverage maker Hartwall to take over as its new chief executive by the beginning of next year.

Angry Birds Space on a mission to Mars

Pigs and birds will explore the Martian terrain and shed light on NASA’s missions to the Red Planet in the latest update to the game Angry Birds Space.

Samsung eyes 60% market share in smart TVs

The company also announced the global availability of the Angry Birds App for the smart TV.

Tired of Angry Birds? Now try Amazing Alex

Developers of the insanely hit mobile game Angry Birds launched their new game called ‘Amazing Alex’ on Friday for Android and iOS users.

Angry Birds Space hits 10 million downloads

The latest version of the Angry Birds game, ‘Angry Birds Space’, has notched up ten million download since it launched at the end of last week.