Rovio Entertainment, the Finnish maker of Angry Birds and other popular mobile games, says that its initial public share offering will value it at about. TV, Movie and ComicThemed Accessories at Low Prices. Get them while supplies last TV Store Online. Angry Birds Go is a kart racing game and the eighth game in the Angry Birds video game series. The game was codeveloped by Rovio Entertainment and Exient. The worlds leading online source of ebooks, with a vast range of ebooks from academic, popular and professional publishers. That implies a valuation of almost nine times historical sales. Rivals King Digital Entertainment and Supercell were valued at three and four times revenue, respectively, when they were sold in recent years even after factoring in a control premium. True, Rovios revenue soared by 9. However, it would need to expand its top line by more than 1. Given Rovios dependence on Angry Birds, that seems unlikely. A slowdown in 2. 01. Yet its questionable whether the franchise has legs to maintain a long term hold on flighty mobile consumers. King Digital provides a cautionary tale. Shares in the maker of Candy Crush Saga fell more than 1. Activision Blizzard for less than its initial listing price. Finnish peer Supercell, which created Clash of Clans, is now owned by Chinese web giant Tencent. Bigger companies have the wherewithal to cope with the ups and downs of individual games. Unless Rovio can show investors its more than just a clutch of squawking birds, a sale might be the better route to a high score. On Twitter. CONTEXT NEWS Rovio Entertainment, the Finnish maker of mobile video game Angry Birds, is moving ahead with an initial public offering to help fund new games and deals in a consolidating industry, the company said on Sept. Rovio said its games had been downloaded more than 3. June 2. 01. 7, and had on average 8. The company reported 1. The 2. 01. 6 release of 3. D movie Angry Birds, together with new games, helped boost revenue from 1. Rovio made an adjusted operating profit of 1. Revenue grew 9. 4 percent in the first half of 2. Download Cowboy Bebop: The Movie Movie Tumblr. The IPO on the official list of Nasdaq Helsinki will consist of a secondary share sale by Rovios largest investor Trema International and other shareholders, in addition to an issue of new shares worth around 3. Rovio statementdisplay.