Report – New round of funding could see Rovio worth $1.2 billion

By Stephany Nunneley
12 August 2011 14:59 GMT

Rovio Entertainment is in talks for new funding which would put the firm’s value at $1.2 billion, according to a Bloomberg reports. Citing “two people with knowledge of the discussions,” Bloomberg states Rovio is considering an investment from an as of yet unnamed entertainment firm. The funding would help the firm with its Angry Birds movie, currently at the idea stage, and extra fund to open offices outside of its home-base of Finland. In March, Rovio raised $42 million from an investment fund controlled by Skype founder Niklas Zennstrom. Thanks, Forbes.

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