Rovio

What’s an Angry Bird worth?

 Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from t

Sega to acquire Angry Birds-maker Rovio for $775M

Japanese gaming giant Sega has confirmed that it’s buying Finland’s Rovio in an all-cash deal worth €706 million ($775 million). News first emerged back in January that Israeli mobile ga

Felicis, Lux Capital and Upfront Ventures tackle TAM at Disrupt

Perception is everything — especially when it comes to the value of software startups and total addressable markets (TAM). During 2020 and 2021, as COVID bit into the economy, tech products turned o

Netflix acquires Next Games in Finland, publisher of ‘Stranger Things’ and ‘Walking Dead’ games, for $72M

As Finland mulls joining NATO in the wake of Russia’s unprovoked invasion of Ukraine, another bit of M&A is going down in the country. Today, Netflix announced that it would be acquiring Fin

3D model provider CGTrader raises $9.5M Series B led by Evli Growth Partners

3D model provider CGTrader has raised $9.5 million in a Series B funding led by Finnish VC fund Evli Growth Partners, alongside previous investors Karma Ventures and LVV Group. Ex-Rovio CEO Mikael Hed

Northzone’s Paul Murphy goes deep on the next era of gaming

As the gaming market continues to boom, billions of dollars are being invested in new games and new streaming platforms vying to own a piece of the action. Most of the value is accruing to the large i

Angry Birds AR is coming to iPhone this spring

Angry Birds: Isle of Pigs took the scenic route to the iPhone. Rovio began flirting with augmented reality on the Magic Leap of all places, releasing First Person Slingshot for the headset last year.

Hatch, Rovio’s ‘Netflix for gaming,’ picks up NTT Docomo as a strategic investor

Rovio’s efforts to diversify beyond its Angry Birds franchise is getting a little investment boost today. The company announced that Japan’s NTT Docomo is taking a stake in Hatch, a Rovio

Angry Birds maker craters on bad guidance, losing half its market value

Angry Birds maker Rovio’s stock price tanked cratered after their latest quarterly earnings report painted a dismal future for the game maker. The stock is down 50 percent after the company sen

After a 4% pop, Rovio closes at a lackluster €11.50, level with its IPO price

Rovio, maker of the Angry Birds gaming franchise, saw a small pop of 4.3 percent in its first day of trading as a public company, but like the very birds that get catapulted in Rovio’s original

Angry Birds-maker Rovio priced IPO, valuing company at $1 billion

Angry Birds-maker Rovio Entertainment priced its IPO at 11.50 euros, at the top of its proposed range. It raises 30 million euros in proceeds. This values the company a little above $1 billion, just h

Angry Birds IPO expected to value parent Rovio at $1 billion

Remember Angry Birds? Apparently enough people are still playing it to justify an IPO. Rovio Entertainment, the Finnish parent of the popular smartphone game, is getting ready to go public on the Hels

Equity podcast: Uber’s board mess, the Angry Birds IPO and MongoDB files to go public

Hello and welcome back to Equity, TechCrunch's running attempt to make venture capital cool, despite the best efforts of the industry in question to fight back. Each week we try to de-obfuscate the o

Rovio, the maker of Angry Birds, is reportedly planning an IPO

Rovio, the Finnish company behind Angry Birds, is planning to go public “as early as next month,” Bloomberg reports. Citing sources, Bloomberg reports the IPO could value Rovio at $2 billi

Former CEO of Angry Birds-maker Rovio tapped to help bring Nokia handsets back

Those are words I never expected to write – certainly not in that order, at least. But the journey to reintroduce the once-mighty Nokia brand back into the ever-competitive mobile market has been a

Aydin Senkut on scaling Felicis Ventures from $4 million to $120 million

In 2006, Aydin Senkut was an unlikely candidate for a venture capitalist. A Turkish immigrant who arrived in Silicon Valley by way of Boston, Philadelphia and Istanbul,  Senkut held product positi

CEO Of Angry Birds Maker Rovio To Step Down After Just One Year

Citing a 'corporate' decision making process that left the company slow to respond to competition, <a target="_blank" href="http://www.rovio.com/">Rovio</a>, the company behind the Angry Birds franchi

As Rovio Restructures, Angry Bird Alums Launch Lightneer To Build Learning Games

Last week, when Helsinki-based Angry Birds publisher Rovio confirmed it would cut 213 jobs, it also said it would shut down its education division, with some of its education employees forming a sp

Why Angry Birds Games Aren’t Enough For Rovio

Earlier today, Rovio said it would lay off 260 employees. This was fascinating news to the Internet, given Rovio’s status as one of the vanguards of mobile gaming as the iPhone and Android exp

Rovio To Cut 260 Jobs As The Angry Birds Franchise Becomes Irrelevant

It looks like Angry Birds maker <a target="_blank" href="http://www.rovio.com/en">Rovio</a> is having some troubles to pay the bills. The Finnish company is about to cut 260 jobs after reducing its wo
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