PARIS (Reuters) – Rovio Mobile, creator of hit iPhone game Angry Birds, is aiming for a stock market listing in New York in two to three years, its chief executive told Reuters.
The Finnish company, which has grown from 12 to 100 people in just over a year, raised $42 million from investors led by Accel Partners in March and named Skype co-founder Niklas Zennstroem to its board.
"In terms of time line, probably two years, two to three years down the line is realistic," CEO Mikael Hed told the Reuters Global Technology Summit in Paris on Wednesday.
"I see that this is only beneficial for us in terms of making the company more structured and more focused on creating it into a proper large organization, having grown from a company of 12," he said.
Hed added that Rovio expected to make revenue of 50 to 100 million euros ($72-$143 million) this year and said the company was "very, very profitable."
($1=.7011 Euro)
(Reporting by Georgina Prodhan; Editing by James Regan)
This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.
No comments:
Post a Comment