Skip to main content
  1. Home
  2. Gaming
  3. News

What’s next for ‘Angry Birds’ maker Rovio? Potentially an IPO

Rovio is expected to go public in the next two weeks

Lulu Chang
By

rovio ipo acquisition the angry birds movie 1
Image used with permission by copyright holder
It’s been six years since we first told you about the plans that Rovio, the maker of Angry Birds, had to go public, but now it seems as though action is on the horizon. A report from The Information in June indicated that the Finnish game maker and animation studio “could list on the stock exchange in the future.” And now, that rumor has proven true, as reports note that Rovio is set to launch an IPO on the Helsinki Nasdaq in two weeks, but the end of September.

Although The Information initially reported that Tencent could be considering a bid of up to $3 billion for Rovio, that doesn’t look to be the current strategy. Of course, it would’ve made sense — over the course of the last year, Tencent has made a number of acquisitions totaling a cool $19 billion, and its new holdings include companies like Supercell Oy, yet another Finnish game creator which created the Clash of Clans franchise.

Recommended Videos

And while Rovio is a lot less prolific, Angry Birds has done remarkably well. After all, the game not only has worldwide appeal, but has also inspired a whole line of paraphernalia, and even a movie. As such, the IPO looks to value the company at around $1 billion.

While that’s half the original $2 billion price the company was hoping for, Rovio has fallen upon tougher times lately. Last year was the first time in quite some time that the company made a profit, thanks to the success of the Angry Birds movie, which seemed in turn to improve game sales. But prior to that, earnings at Rovio had taken a tumble, jobs were cut, and divestments were made.

Rovio was initially coy about the potential for an IPO. “We and our shareholders regularly assess different alternatives to further develop Rovio,” the company said in an emailed statement back in June to Reuters. “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 have not made any decisions regarding a possible IPO.”

That tune has clearly changed, however, so if you’re not risk adverse these days, there may soon be a new startup for you to invest in.

Update: Rovio is slated to launch its IPO in the next two weeks. 

Editors' Recommendations

Topics
Lulu Chang
Lulu Chang
Former Digital Trends Contributor
Fascinated by the effects of technology on human interaction, Lulu believes that if her parents can use your new app…
Is Manor Lords multiplayer or co-op?
A medieval market in Manor Lords.

You can easily lose hours designing your village and appeasing your citizens in Manor Lords all by yourself. There are so many different avenues to achieve victory, but the only competition or help you can normally find is in the form of NPCs. Other factions around the map can be helpful or harmful depending on how you play, but what if you wanted to team up with a friend to combine resources, or perhaps compete to see who can crush the other first? Many strategy and city builders thrive on multiplayer components, but does Manor Lords offer those same modes? Make sure you know the answer before making your purchase if that's your intention.
Is there multiplayer or co-op in Manor Lords?
To cut to the chase, the answer is no. Manor Lords is a purely single-player experience through and through. There are no cooperative or competitive modes in the game at all, so there's no way to interact with anyone else either on PC or console. This game was just released out of early access, and there is plenty of content on the way, however, we regret to inform you that multiplayer is not in the plans for the time being.

One developer took to the Steam forums to release an FAQ on the game. One question specifically asked if there is any multiplayer or cooperative gameplay in the game. The response said that "he focus is on a refined single-player experience, with no multiplayer or cooperative modes planned at the moment."

Read more
All console commands and cheats for Fallout: New Vegas
The courier holding a gun with a welcome sign in the background in Fallout: New Vegas key art.

From the moment you begin your adventure in Fallout: New Vegas, you've already cheated death. Your first playthrough of the game should be done as the developers intended, though maybe with a couple of mods to make the experience a little smoother, but nothing that breaks the game. That said, it's been over a decade since the game came out, so odds are you've already played through the intended way at least once. This is when you can have some fun tinkering with the game and play using console commands and cheats if you're on the PC version of the game. There are a ton of commands you can input to manipulate your character, the world, objects, and more. Here's a full rundown of all the cheats there are and how to activate them.
How to enter console commands
Opening up the command console to type in your cheats is just a single keystroke away. While in the game (not paused), hit the ~ key located below your escape key. This will remove your HUD and bring up the prompt to type in any of the below cheats.
All Fallout: New Vegas console commands and cheats

Because there are so many console commands, we're going to break them down into general categories to make it easier for you to find what you're looking for based on what you want to do.
Faction and reputation cheats
addreputation <form id> <variable> <amount> -- Increases your reputation with a faction.

Read more
How to get a gun in Another Crab’s Treasure
Kril has a gun

Another Crab's Treasure no doubt looks like a kid-friendly game, but hiding beneath its charming and cute exterior is a challenging soulslike experience that can test the mettle of genre veterans. Those who either can't or don't want to engage with such intense difficulty throughout this underwater adventure can make great use of a variety of assists. Among these is a rather shocking, but hilarious option that can completely negate nearly all of the game's challenge while providing some laughs along the way. Here's how to get a gun in Another Crab's Treasure.
How to get a gun
To give yourself a gun in Another Crab's Treasure, head over to the Settings menu. Navigate to Assist Mode at the bottom of the menu, then scroll to the bottom once more to a setting called Give Kril a Gun. Toggle this on, then back out and resume your game to find that Kril now has a massive pistol on his back in place of a shell.

This new gun on your back provides you with more than just a funny visual, though -- it actually allows you to shoot and kill any enemy in a single hit, nearly eliminating all of the challenge from the game. Additionally, if you're after trophies or achievements, the first time you shoot a crab with the gun will also unlock "This Kills the Crab."

Read more