Serbian startup Nordeus has become one of Europe’s most successful gaming companies ever, led by first-time entrepreneur Branko Milutinovic and without raising a euro in funding. We asked him how.
Rovio Entertainment, the Finnish company behind Angry Birds and other games, will be laying off 110 employees, fewer than the 130 people it previous estimated, closing its Tampere studio to boot.
London, UK-based mobile and tablet games maker Space Ape Games (‘Samurai Siege’) has secured a $7 million round of funding from some of the investors behind Supercell, Playfish and Rovio.
Rovio Entertainment, the Espoo, Finland-based maker of Angry Birds and other games, will need to lay off up to 130 people in its home country as a result of slower-than-anticipated growth.
Mikael Hed, Angry Birds maker Rovio’s co-founder and chief executive officer, will be replaced at the helm by current CMO Pekka Rantala at the beginning of next year, the company just announced.
Games can help in teaching surgery, encourage physical activity and train the brain. In a guest post, Sagi Schorrer – co-founder of game-creator Brainbow – delves into the world of ‘serious gaming’.
Finland-based Angry Birds creator Rovio has received a 25 million euro facility from the European Investment Bank to spur its growth. Expect more these types of transactions to occur in the future.