IPO of Candy Crush Saga maker King valued at €5bn
Published 19/02/2014 | 02:30
King, the Swedish firm behind hit mobile phone game Candy Crush Saga, is planning a US stock market debut which some analysts think could value it at more than $5bn (€3.63bn) and herald a flurry of technology company listings.
The successful flotation of Twitter and a surge in Facebook shares have fuelled speculation that a string of technology firms could come to market, including Spotify, AirBnB and Square, as well as King.
However, some analysts are cautious about whether Dublin-based King can maintain its breakneck pace of growth, particularly given the difficulty some other games makers have experienced.