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Angry Birds Dev Eyes Hong Kong IPO in 2013

Posted December 16, 2011 by M.H. Williams

Rovio’s mighty eagle Peter Vesterbacka told Finnish paper Tekniikka&Talous that the company is planning an initial public offering on the Hong Kong stock exchange in 2013. Vesterbacka noted that the company’s 2011 revenues are estimated around $100 million, up from $10 million the previous year. Rovio is still planning on building the company into an entertainment giant to rival the Walt Disney Company. 

"That is the target. There is no reason why we should not be able to build a company of that size," said Vesterbacka.

He also told the paper that Rovio is planning to launch 5 to 6 more games featuring the Angry Birds characters in 2012.  This is in addition to toys, merchandise, and the planned animated film coming in the next year 2 to 3 years.

Oh Rovio, you so crazy.

[Via Reuters]

M.H. Williams has been writing in some form or another for ten years and has been a hardcore gamer since the NES first graced American shores.  You can catch him on Twitter as @AutomaticZen, Google+ as himself, or on his personal Facebook page.

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