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Candy Crush Saga Maker Prepares for IPO

King is preparing for an IPO, but that does not mean they actually will do it. Preparation is everything.

Jun 20 2013, 1:33pm CDT | by

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Candy Crush Saga Maker Prepares for IPO
 
 

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Candy Crush Saga Maker Prepares for IPO

Online game maker King has had unexpected success with Candy Crush Saga. Now the company has hired J.P. Morgan according to The Wall Street Journal to prepare for an IPO. TechCrunch though has a report that says that this does not mean necessarily that King.com goes IPO. They just want to have the option. The failed IPO of Zynga is still a problem for an online game company IPO.

Social online games come and go. Draw Something was such a big hit that Zynga bought them for a lot of money and just recently they shut it down. King is going to release their next game. I guess King and investors will have a look at how well that game is going to be received. It is called Pet Rescue Saga.

 

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Update: 11

Apple Loop: Lowered Guidance, More Cheap iPhones, Yahoo Searching For A Dream, And Hearthstone Arrives.

Source: Forbes

Projecting Apple's Guidance, watching the iPhone 5C 8GB take over the world, Does Yahoo Dream Of Electric Search, the size of the wearable economy, revenues and volume in the app stores, will Hearthstone replace Candy Crush Saga, and will Microsoft and Apple fight Google together? Apple Loop is here to bring you the highlights of the many stories that happened around Apple over t ...
Source: Forbes   Full article at: Forbes 2 days ago, 7:26pm CDT
 


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Update: 10

Candy Crush Saga heads to China

Source: BGR.in

Gargantuan Chinese distributor Tencent has gotten hold of massive mobile hit “Candy Crush Saga” in a deal with game developer King. Tencent, which already has a majority stake in Riot Games, developer of the worldwide success “League of Legends,” and owns a smaller part of “Gears of War” and Unreal Engine studio Epic Games, will distribute the Chinese version of “Candy Crush” through its WeChat and Mobile QQ pl ...
Source: BGR.in   Full article at: BGR.in 3 days ago, 1:24am CDT
 

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Update: 9

King's trademark dispute with CandySwipe dev has been resolved

Source: Eurogamer

Spokesman of the humanitarian group Barc
Candy Crush Saga publisher King was getting a lot of flak last year over its trademark of the words "candy" and saga". This led to David vs Goliath-esque legal battles between King and indie devs like The Banner Saga developer Stoic, and CandySwipe developer Albert Ransom. The Candy Crush Saga publisher eventually decided to back down in the US and it looks like Stoic and Ransom have come to amicable terms with the mighty publishing giant.Ransom posted a statement yesterday on ...
Source: Eurogamer   Full article at: Eurogamer 3 days ago, 5:53pm CDT
 

Update: 7

King resolves trademark disputes

Source: GamesIndustry.biz

CandySwipe, Banner Saga devs reach agreements in separate issues with Candy Cru ...
Source: GamesIndustry.biz   Full article at: GamesIndustry.biz 3 days ago, 1:56pm CDT
 

Update: 6

Tencent to launch Candy Crush in China this summer

Source: Develop Magazine

Makers of Popular Candy Crush Game Make Public Debut On New York Stock
A version of Candy Crush Saga for the Chinese market will launch later this summer via Chinese telecoms firm Tencent, King has said. Tencent will distribute the Chinese version of Candy Crush on its Mobile QQ and WeChat services. The popular mobile was released last year in Japan and South Korea. “I am thrilled to be launching Candy Crush Saga with Tencent in China,” said King CEO Riccardo Zacconi. “I am thrilled to be lau ...
Source: Develop Magazine   Full article at: Develop Magazine 3 days ago, 7:18am CDT
 

Update: 5

Candy Crush Is Coming To China

Source: Fast Company

Makers of Popular Candy Crush Game Make Public Debut On New York Stock
A breakthrough partnership between King and Tencent will push Candy Crush Saga through WeChat, and should help King tap a massive new market of Asian gamers.If King Digital's disappointing IPO this year demonstrated anything, it's that investors seem afraid that Candy Crush is little more than a one-hit wonder. Yet the gaming company may have more magic up its sleeve, with a major new initiative t ...
Source: Fast Company   Full article at: Fast Company 4 days ago, 8:25am CDT
 

Update: 4

Is Facebook set to rival PayPal?

Source: Moneywise

Facebookglass.jpg Facebook could be set to enter the world of mobile payments and financial services. Facebook could be set to enter the world of mobile payments and financial services. The social media giant is seeking approval in Ireland for a service that would allow users to store money, make payments and exchange money via the website, putting it ...
Source: Moneywise   Full article at: Moneywise 5 days ago, 4:47am CDT
 

Update: 3

Candy Crush Mobile Game IPO comes back to earth

Source: Accuracy in Media

Alibaba To Kick Off IPO In U.S.
WASHINGTON — The popular mobile device game, “Candy Crush Saga,” has seen its initial public offering (IPO) rise and fall amid concerns it is a one-hit wonder. Reuters reported that King Digital Entertainment, the company that created the game, tried to convince investors that the game is sustainable in the long run. After Facebook ...
Source: Accuracy in Media   Full article at: Accuracy in Media Apr 5 2014, 10:00am CDT
 

Update: 2

Why Do Commuters Crave ‘Candy Crush’?

Source: The Epoch Times

Bundeswehr Holds Alpine Adventure Camp 2014
The post Why Do Commuters Crave ‘Candy Crush’? by Ivan Pentchoukov, Epoch Times appeared first on The Epoch Times.NEW YORK—New Yorkers in a subway car near you can’t let go of a sweet escape called “Candy Crush Saga” and game psychologists have some clues as to why that is. Commuters across the city are sticking with one game despite thousands of other games available for their mobile devices. An Epoch Times spot survey of 102 commuters who play games on New York Ci ...
Source: The Epoch Times   Full article at: The Epoch Times Apr 4 2014, 5:01am CDT
 

Update: 1

The Company Behind Candy Crush Is On A Hiring Spree As It Hopes To Find A Second Hit Game (KING)

Source: The Business Insider

King, the maker of hit mobile game Candy Crush Saga, is on a hiring spree, the Wall Street Journal reports.  Last Wednesday, King had a very disappointing IPO on the New York Stock Exchange. King's stock closed down 15.56% from its IPO price of $22.50 a share. In fact, it was the worst IPO of the year.  King has listed 165 jobs since its IPO, which represents about 25% of its workforce. These jobs openings include positions in development, engineering, design, marketin ...
Source: The Business Insider   Full article at: The Business Insider Mar 31 2014, 8:44am CDT
 

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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