Is Rovio worth $1.2 billion?

Andre Yoskowitz
12 Aug 2011 3:26

Rovio, the Finnish company behind the blockbuster hit 'Angry Birds' series, could be worth $1.2 billion, if reports are accurate.
The developer is allegedly in talks with investors for investments that would value the company well past the billion mark.

In under 2 years, all iterations of Angry Birds have been downloaded over 300 million times, and remain top hits on Android and iOS.
The game is free for Google Chrome users, and PC/Mac users can download a standalone game, as well.

Sources claim the investment will be a "strategic investment from a company in the entertainment business."

While a few names have been tossed around as potential suitors, two that stand out as high probability are Disney and Zynga.

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