'Candy Crush Saga' maker King considers going public with IPO
Miidasplayer International Holding Co. -- better known as King -- is planning to go public. Though CEO Riccardo Zacconi had mentioned potential plans for an IPO in the past, this is the most serious the "Candy Crush Saga" maker has become about allowing public investors to buy shares.
The Wall Street Journal broke the news about the plan, though King is not commenting on the newspaper's report. Instead, it released a statement saying that an IPO is "one option."
"King's success and growth presents numerous opportunities for the business to develop further, and one option would be to take the company public. However, while it's an option for the future, we would not comment on when we could consider making such a decision," reads the company's statement.
The last big social media gaming company to go public was Zynga. Like Zynga's games in their prime, King's "Candy Crush Saga" is the most popular game on Facebook with more than 70 million daily players.