22.11.2012

Rovio: no IPO yet

Peter Vesterbaka said that his company is not going to the stock exchange yet, and also spoke about the success of Angry Birds in the Chinese market.

“The press likes to speculate about IPOs and various acquisitions, but we don’t think much about it,” Vesterbaka said at the Slush conference in Helsinki. – “We are successful and can independently ensure our own growth. In addition, we are going to make Angry Birds a part of modern pop culture. We don’t need anything else.” However, as noted on PocketGamer, Niklas Hed, the co-founder of Rovio, is not so unambiguous: “We will go for an IPO if it makes sense.”

Anyway, the company’s goal is very ambitious now: 1 billion DAU.

And, judging by the latest data, this is no longer fantastic for the company: over the past six months, the number of downloads of games under the Angry Birds title has amounted to 500 million. Perhaps it was not without Chinese “influence”. According to Vesterback, the Angry Birds DAU in China has overtaken the franchise DAU in the USA.      

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