Rovio, the developer of the Angry Birds mobile game, said it would seek an initial public offering in the United States. “The plan is to seek an IPO in New York, but the specific timing and details are still open,” said Rovio spokesman Ville Heijari in an email on Friday. Get the full story »
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Maker of ‘Angry Birds’ app unveils billing software
Finland’s Rovio Mobile, known for its Angry Birds puzzle video game, unveiled on Friday payment software that gives mobile telecom operators a chance to win a share of booming app store business.
Mobile operators have struggled to grab a piece of the mobile applications market — worth $4.1 billion last year, according to research firm Chetan Sharma — as consumers pay with credit cards directly to Apple Inc or Google Inc.
Rovio said it would start to roll out its payment solution in early 2011 for Android phones sold by Finland’s top mobile carrier, Elisa, for purchasing additional features in Angry Birds. “This gives operators some revenue, compared to none. We are going to open it up to all other developers,” said Peter Vesterbacka, head of Rovio’s business development in North America. Get the full story »
