Rovio aims for IPO in two to three years (Reuters)

Wednesday, May 18, 2011 4:01 AM

PARIS (Reuters) – Rovio Mobile, creator of impact iPhone mettlesome Angry Birds, is aiming for a stock mart listing in New York in digit to threesome years, its honcho chief told Reuters.

The Suomi company, which has grown from 12 to 100 grouping in just over a year, raised $42 meg from investors led by Accel Partners in March and named Skype co-founder Niklas Zennstroem to its board.

"In cost of time line, belike digit years, digit to threesome eld down the distinction is realistic," CEO Mikael Hed told the Reuters Global Technology Summit in Paris on Wednesday.

"I wager that this is exclusive advantageous for us in cost of making the consort more structured and more convergent on creating it into a comely super organization, having grown from a consort of 12," he said.

Hed added that Rovio due to attain income of 50 to 100 meg euros ($72-$143 million) this assemblage and said the consort was "very, rattling profitable."

($1=.7011 Euro)

(Reporting by Georgina Prodhan; Editing by saint Regan)


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