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.
European gaming company King has teamed up with Internet giant Tencent to bring its hit mobile game Candy Crush Saga to China this summer, via Tencent’s Mobile QQ and Weixin Game Centers.
White Star Capital co-founder and former Facebook director of EMEA Christian Hernandez argues that platforms can make or break a startup and highlights some important case studies.
Predictably, journalists and analysts are branding Swedish-British game developer King a one-hit wonder as it prepares to go public. There’s something to be said for that, but there’s also a flip side.