Rovio Entertainment

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Rovio Entertainment

Type	Private
Industry	Video games
Founded	2003 (as Relude)
Headquarters	Espoo, Finland
Key people	Mikael Hed, CEO Niklas Hed, COO Peter Vesterbacka, CMO
Net income	48 million Euros (2011)
Owner(s)	Kaj Hed (70% owner)
Employees	~300 (2011)[1]
Website	www.rovio.com

Rovio Entertainment Ltd. or Rovio is a Finnish video game developer and entertainment company based in Espoo. The company was founded in 2003 as a mobile game development studio named Relude, and in 2005 renamed as Rovio.^[2] The company is best known for its video game franchise Angry Birds.

Company history

In 2003, three students from Helsinki University of Technology (currently Aalto University School of Science), Niklas Hed, Jarno Väkeväinen, and Kim Dikert participated in a mobile game development competition at the Assembly demo party sponsored by Nokia and HP. A victory with a real-time multiplayer game called King of the Cabbage World compelled the trio to set up their own company, Relude. King of the Cabbage World was sold to Sumea (now known as Sumea Studios as part of Digital Chocolate), and renamed to Mole War, which became the first commercial real-time multiplayer mobile game in the world.

In January 2005, Relude received its first round of investment from a business angel, and the company changed its name to Rovio Mobile.^{[citation needed]}

In December 2009 Rovio released Angry Birds, a slingshot-puzzle game for the iPhone. Angry Birds has since been downloaded over 1 billion times,^[3] with paid downloads accounting for more than 25% of total downloads, making it one of the most sold games in the Apple App Store.

In March 2011 Rovio raised $42 million in venture capital funding from Accel Partners, Atomico and Felicis Ventures.^[4]

In July 2011, the company changed its name to Rovio Entertainment Ltd.

In March 2012, Rovio acquired Futuremark Games Studio, the game development division of benchmarking company Futuremark for an undisclosed sum.^[5]

In May 2012, Rovio's mobile game sensation Angry Birds reached its 1 billionth download on Wednesday the 9th. Their Rovio communications specialist Sini Matikainen said “We are so thankful to all of our fans for their support, and we can’t wait for them to see what we have coming up,” in an email. ^[6]

Games developed

• "Amazing Alex" (2012)
• Angry Birds Space (2012)
• Angry Birds Rio (2011)
• Angry Birds Seasons (2010)
• Angry Birds – iOS, N900 (2009), Palm webOS, Android, Symbian, Windows (2010), Mac OS X (2011), Windows Phone 7 (2011) Google Chrome (2011), BlackBerry PlayBook OS (2011), Wii U and Nintendo 3DS (2012), Playstation 3 and PlayStation Vita (2012)
• Bounce Evolution - N900 (2009)
• Bounce Tales - N-Gage (2009)
• Bounce Touch - N-Gage
• Bounce Boing Voyage - N-Gage (2008)
• Burger Rush - J2ME
• Burnout - J2ME (2007)
• Collapse Chaos - J2ME
• Cyber Blood - J2ME
• Darkest Fear - iOS (2009), J2ME (2005)
• Darkest Fear 2 - J2ME
• Darkest Fear 3 - J2ME
• Desert Sniper - J2ME (2006)
• Dragon & Jade - J2ME
• Formula GP Racing - J2ME
• Gem Drop - J2ME (2008)
• Marine Sniper - J2ME
• Mole War - J2ME
• Need for Speed: Carbon - J2ME (2006)
• Paid to Kill - J2ME
• Paper Planes - J2ME (2008)
• Patron Angel - J2ME
• Playman Winter Games - J2ME
• Shopping Madness - J2ME (2008)
• Space Impact: Meteor Shield - N97, J2ME
• Star Marine - J2ME (2007)
• Sumea Ski Jump - J2ME
• Swat Elite Troops - J2ME
• US Marine Corps Scout Sniper - J2ME (2006)
• Totomi - iPhone, Flash, J2ME
• War Diary Burma - J2ME
• War Diary Torpedo - J2ME
• Wolfmoon - J2ME
• X-Factor 2008 - J2ME

References

External links

• Official website
• CrunchBase profile