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Rovio Estimated At $1.2 Billion In Worth

According to two internal sources, Rovio is estimated in worth at about $1.2 billion. The Finland-based game maker is considering taking a strategic investment from a company in the entertainment business, which is currently being concealed because of the nature of the talks.

Michael Pachter, managing director of research at Wedbush Securities, believes the partners might be Electronic Arts, Zynga, News Corp. or Walt Disney. I can see how Disney would take Angry Birds and turn them into a theme-park ride and a movie, said Pachter. Zynga could take Angry Birds and make it into FarmVille.

Source: Bloomberg