,
Sony HDR-CX700V
In early March,
Canon XF300, Rovio announced that it secured $42 million in funding as part of a Series A round led by venture capital firms Accel Partners and Atomico Ventures. Following that round,
THINKPAD T400S, the company only said the cash would be used to "facilitate its strategic expansion."
Citing two people with knowledge of private discussions,
Sony HDR-FX7, Bloomberg reported today that Rovio is in investment talks with "a company in the entertainment business,
Dell Latitude E6520," who's looking to get a piece of the action.
Angry Birds has been a breakout success for Finnish developer Rovio,
ASUS G73JH-A1, and a new report says the company is considering capitalizing on that by taking a strategic investment that would put its value at around $1.2 billion.
The high valuation comes in just below the total sale price of indie-game maker PopCap Games to Electronic Arts last month,
Canon XH A1, a deal that was made for $650 million in cash and $100 million in stock,
Canon XF-105, with the possibility for an additional $550 million in earnouts if PopCap can hit revenue milestones in the next few years. That's no small feat for a company that was not well-known until its breakout hit Angry Birds,
Apple MacBook Pro 2009, which was released at the tail end of 2009. Rovio has since expanded that franchise with multiple spinoffs on various platforms,
Canon EF 24-70mm f/2.8L USM Standard Zoom Lens, movie tie-ins,
Sony HDR-CX7, and merchandise. A report earlier this week even said Angry Birds-themed gear was in the works for babies.
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